The company has a balanced portfolio of assets in Russia in key oil and gas regions (Western Siberia, the Volga-Ural region and Central Siberia). The volume of reserves according to the international classification (SPE) category 2P as of 01.01.2019 is 210 million tons. Oil reserves according to the Russian classification, categories AB1 + B2, amount to 601 million tons.
The Company’s strategy provides for active investment activities aimed at increasing production drilling volumes, commissioning new wells, creating new and modernizing existing infrastructure, as well as achieving organic growth in the medium term.
The main objectives of the RussNeft production complex within the approved development strategy are to ensure the growth of hydrocarbon production and the growth of reserves.
To achieve these goals, a number of effective production programs have been developed. They allow: to form an optimal development and production management system; reduce operating costs.
The main activities within the framework of these programs:
implementation of engineering and technological solutions for the effective development of low-profit fields;
introduction of innovative methods for intensifying oil production and enhancing oil recovery;
improving the efficiency of mature deposits exploitation;
implementation of measures to increase the level of technological support of the oil production process;
monitoring of the development of the Holding’s fields using permanent geological and hydrodynamic models.