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Figures Demonstrating Results of Operations during six months of 2016

Tatneft reported on July 8, 2016, preliminary operating data for the first half 2016.

Figures Demonstrating Results of Operations during six months of 2016 Figures Demonstrating Results of Operations during six months of 2016


Tatneft reported on July 8, 2016, preliminary operating data for the first half 2016.
 

Crude Oil Production
In June 2016 TATNEFT Croup enterprises produced 2,311,321 tonnes of crude oil (104.3% versus June 2015, +94,631 tonnes) with the six months volume amounting to 13,907,617 tonnes (104.9% versus 2015, + 649,873 tonnes).
The production volume of PJSC TATNEFT amounted to 2,283,710 tonnes of crude oil in June (104.3% versus June 2015, +94,673 tonnes) - the planned figure was surpassed by 78,645 tonnes. The production for the six months amounted to 13,739,289 tons (104.8% +629 573 tonnes) - the planned figure for the six months was exceeded by 352,234 tonne (102.6 percent).
The Company’s subsidiaries produced 27,611 tonnes in June 2016 at the licensed areas outside the Republic of Tatarstan (99.8 percent versus June 2015; -42 tonnes) with the six months volume amounting to 168,328 tonnes (113.7 percent, +20,300 tonnes).
The subsidiaries of TATNEFT overfulfilled the plan in June in the licensed areas outside the Republic of Tatarstan by 2,141 tonnes (108.4 percent) with the production volume for six months amounting to 11,456 tonnes (107.3 percent).

 

New Drilling
293 new wells were built and delivered to customers during six months in 2016, which was 13% more than during the similar period of 2015 (259 wells in 2015) with the production well drilling amounting to 205 wells with 12 wells of this number being in-fill wells; 3 exploratory wells and drilling to bitumen: 85 wells.
Active Well Stock Drilling
There were 45 sidetracks and horizontal wellbores delivered during six months in 2016 accounting for 36 per cent increase versus the similar period of 2015 (33 wells in 2015).
The average number of crews engaged in conventional drilling during six months of 2016 amounted to 47 drilling crews. 11 crews were engaged in drilling sidetracks and horizontal wellbores. 6 drilling crews performed drilling to the bituminous deposits.
Drilling of wells for OOO “Tatneft-Samara”, in the Nenets Autonomous Okrug and the Republic of Kalmykia
Drilling and completion of 1 of the 6 planned wells was performed at OOO “Tatneft-Samara”. Drilling of the second well is underway.
Construction of 3 wells is underway in the Nenets Autonomous Okrug with all the wells still in the process of drilling.
Construction of 2 wells for OOO "Severgaznefteprom" is underway. Both wells are currently in the process of drilling.
Drilling of well No.1 at Bariernaya area is underway in the Republic of Kalmykia.

 

Repair of Wells
During six months  of 2016 remedial well servicing was performed in 4,660 wells by the crews of remedial servicing, workover and enhanced oil recovery at the sites of PJSC TATNEFT (829 wells in June), while workover operations were performed in 1,115 wells (236 wells in June).
Outside the Republic of Tatarstan remedial servicing operations were performed in 30 wells for OOO “Tatneft-Samara” and 9 wells for OOO “Tatneft-Severny”.
Formation hydrocracking operations were carried out in 368 wells (67 wells in June).
Crude oil recovery enhancement operations were performed in 1,367 wells (292 wells in June), including chemical methods applied in 674 wells (145 wells in June).

 

Production Performance of JSC TANECO
The TANECO Complex of Refining and Petrochemical Plants processed 776.9 thousand tonnes of raw materials in June 2016 and 4343,7 thousand tonnes since the beginning of the year, including 717.3 thousand tonnes of petroleum feedstock and 4,343.99 thousand tonnes since the beginning of the year.
The Complex yielded 748.6 thousand tonnes of petroleum products in June 2016 and 4,554.9 thousand tonnes since the beginning of the year.

Source : Neftegaz.RU