Rosneft: 9M Results – Production Up 5%, Forex Hits Net Income, Dividend to be Paid
In 9M 2014, Rosneft produced 5.1 mmboed of hydrocarbons, which is 5.0% higher than in 9M 2013. The Company’s daily hydrocarbon production is in excess of 5 mln for the third quarter in a row. The Company’s daily production of oil and liquids stabilized at 4.2 mmbd. In September 2014, …
Verkhnechonskoye Field Produced the 30-millionth Ton of Oil Since Coming on Stream
Verkhnechonskoye oil and gas condensate field produced the 30-millionth ton of oil since the beginning of commercial operating in October 2008, when Verkhnechonskneftegaz started supplies of oil to Eastern Siberia – Pacific Ocean oil pipeline. The record became possible due to effective geologic technical operations and implementation of ground infrastructure …
Verkhnechonskneftegaz: Achieves Record Daily Oil Output
OAO Verkhnechonskneftegaz finished construction of oil treatment plant (UPN-1), as a result its daily oil output reached 22.5 thousand tons. This is the highest rate of the Verkhnechonskoye field since the start of its commercial operation. The reconstruction of UPN-1 allowed boosting the plant’s capacity by 25% – up to …