Varieganneftegaz: Production Up 9.3% yoy

The group of companies “Varieganneftegaz” including “Nizhnevartovsk Oil and Gas Enterprise” and “North-Varioganskoye” increased the volume of gas production compared to 2015 by 9.3% to 3.4 billion m3 by the end of 2016.

The increase in production was due to the successful implementation of the program of drilling new wells and expansion of transmission infrastructure Van Egan field.

The company has an ongoing exploration work in order to significantly increase production in the medium term.

Group of companies “Varieganneftegaz” on the basis of 2016 increased the level of rational use of associated gas to 97%. This was facilitated by the expansion of the gas transportation system to increase gas supplies to consumers and the development of generation facilities of its own electricity.