PJSC “RUSSNEFT” INCREASED THE CAPITAL INVESTMENTS INTO THE INFRASTRUCTURE THREE-FOLD UP TO RUB 4.7 BILLION IN H1 2017
Following the results of H1 2017, the capital investments of PJSC “RussNeft” into the fields infrastructure increased up to 4.7 billion rubles which is three-fold against the previous year figure, the company stated.
Sixteen new well pads were built and handed over for drilling equipment installation; construction of 126 km of pipelines was completed. The construction and installation works are performed under the program for development of Tagrinskoye, Verkhne-Shapshinskoye, Sredne-Shapshinskoye, Roslavlskoye, and Poselkovoye fields, the statement says.PJSC “RussNeft” ranks among the Top-6 largest oil companies by crude oil production in Russia. The Company possesses a well-balanced portfolio of assets located in key Russian oil&gas provinces (West Siberia, Volga-Urals and Central Siberia) as well as in Azerbaijan. Total 2P reserves of the Company exceed 200 million tonnes (SPE). The number of the Company’s personnel is around 10,000 employees. RIA Novosti