Tatarstan´s Tatneft announced on November 8, 2017, its operating results for the 10 months of this year.
Crude oil production
Enterprises of the Tatneft Croup produced 2,459 thousand tonnes; while the oil volume produced during 10 months amounted to 24,124 thousand tonnes, which was 499 thousand tonnes more than the figure for the similar period in 2016.
The Tatneft ’s production amounted to 2,429 thousand tonnes; and 23,829 thousand tonnes (+ 495 thousand tonnes) during ten months; 102.1 % versus the level of 2016.
The production volume at the licensed areas outside Tatarstan amounted to 29,884 tonnes of crude oil with the volume produced during ten month amounting to 294,894 tonnes (+3.8 thousand tonnes; 101.3 %).
645 new wells were built and delivered to customers during 10 months of 2017, which was 20% more than during the same period in 2016 (538 wells in 2016), including 617 production wells drilling, 7 exploratory wells drilling and 21 wells drilling to the bitumen.
Active well stock drilling
There were 68 sidetracks and horizontal wellbores delivered during 10 months in 2017.
Drilling of wells for Tatneft-Samara in the Ulyanovsk Oblast, the Nenets Autonomous Okrug and Kalmykiya.
Testing operations had been completed on well No. 1 at the Barrieryaya Area in Kalmykiya.
Drilling of well No. 18 was completed in the Ulyanovsk region. The work is underway to perform the completed well testing.
Production performance of TANECO
The TANECO Complex processed 794.8 thousand tonnes of raw materials in October 2017 and 7116,3 thousand tonnes since the beginning of the year, including 736.4 thousand tonnes of petroleum feedstock processed in October and 6,400.7 thousand tonnes of petroleum feedstock processed since the beginning of the year.
TANECO yielded 753.66 thousand tonnes of petroleum products in October 2017 and 6,708.9 thousand tonnes since the beginning of the year.