Surgutneftegaz has added crude production by 27% at the fields of Yakutia

Surgutneftegas produced 30,435.8 thousand tons of oil during six months of this year. Compared to the same period of 2011, crude output increase equaled to 1.3%. In particular, crude production in the new region of the Company’s operations namely at the Talakanskoye, Alinskoye, Severo-Talakanskoye fields in the Republic of Sakha (Yakutia) amounted in January-June 2012 to 3,125 thousand tons, up by 27% compared to the last year.
Since the beginning of this year, the Company has produced around 6,065 mn cub m of gas. Gas utilization rate across the Company as a whole exceeded 97%. Besides, gas is used as fuel for in-house gas turbine and gas piston power plants where power generation covers 35% of Company’s general power requirements.

In-house drilling within six months of the current year amounted to 2,392.8 thousand m of rock including exploratory drilling exceeding 108.8 thousand m. Compared to January-June of the previous year, development and exploratory drilling grew by 10.5% and 15.8%, respectively.