Figures Demonstrating Results of Our Operations in June and for Six Months of 2012
Crude Oil Production OAO TATNEFT produced 2,132,023 tons of crude oil in June or 100.1 percent versus June 2011 (+1,684 tons). The Company produced 12,913,231 tons In six months, which was 56,106 tons more than in 2011 (100.4 percent) with the above-the-plan production accounting for 287,017 tons (102,3 percent). The …
Tatneft Ensures Stable Operation of Oilfield
A set of technical/technological and organizational measures to provide for stable and accident-free operation of oilfield facilities is being implemented at OAO TATNEFT to ensure the environmental safety of crude oil production. Significant impact on the reliability of the oil field equipment at the facilities of the Company is a …
TATNEFT Participated in the XVIth International Economic Forum
TATNEFT participated in the XVI annual International Economic Forum (St. Petersburg). The delegation from the Republic of Tatarstan headed by Rustam Minnikhanov, President of Tatarstan, included the representatives of OAO TATNEFT. The “Lenexpo” exhibition complex traditionally made the site grounds for the St. Petersburg International Economic Forum. This year SPIEF …
TATNEFT Will Take Part in the “Oil and Gas 2012” International Exhibition
TATNEFT will take part in the XIIth Moscow International Exhibition “Oil and Gas”, which will be held at the CEC “Expocenter” (Moscow) during the period of June 25 – 29. The exposition display of the Company will include advanced development works for efficient operation of oil fields. Among them there …
Tatneft Is Developing Dual Production Technologies
OAO TATNEFT has been actively developing technologies of dual completion and production (DCP) of two or more layers through one well to ensure oil fields efficient operation. As of June 1, 2012 the number of DCP installations totaled 1,383 with the produced crude oil volume amounting to 4,052,477 tons. The …
Tatneft published its U.S. GAAP consolidated interim condensed financial statements for the first quarter of 2012
OAO Tatneft (the “Company”) announces today that it published on its web-site (http://www.tatneft.ru/eng) the unaudited interim condensed consolidated financial statements for the three months ended March 31, 2012 prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) (the “Financial Statements”) and related Management Discussion and Analysis of Results …
5,000,000 Tons of Oil Processed at TANECO
5,000,000 tons of Tatarstan’s oil have been used and processed since the start of the equipment comprehensive testing and commercial operation at the refinery of the TANECO NPiNHZ Complex. The following products were produced during this period: 1,959,423 tons of fuel oil, 1,462,399 tons of household fuel, 679,762 tons of …
Tatneft: Shareholders’ Meeting Was Held at Nizhnekamskshina
An annual general meeting of shareholders of OAO “Nizhnekamskshina” was held in Nizhnekamsk (Tatarstan) on June 8, which was attended by Rustam Minnikhanov, President of the Republic of Tatarstan, Shafagat Takhautdinov, General Director of OAO TATNEFT, Zagit Sharafeev, Deputy General Director of OAO TATNEFT for Petrochemicals Production – Director of …
Tatneft: Effective Technological Plans for Reservoir Pressure Maintenance
High-performance technological processes of reservoir pressure maintenance (RPM) are introduced at OAO TATNEFT to ensure enhanced crude oil recovery and maintain the production levels achieved and one of such technologies is inter-well pumping (IWP). One of the main advantages of the technology is fast putting into active development the areas, …
Tatneft: Figures Demonstrating Results of Our Operations in May and for Five Months of 2012
Crude Oil Production 2,199,508 tons of crude oil were produced in May with the production for five months amounting to 10,781,208 tons accounting for 54,422 tons increase versus 2011 (100.5%). 10,624,550 tons of crude oil were delivered with the above-the-plan delivery amounting to 315,640 tons. OAO TATNEFT Group of companies …