The Company possesses a well-balanced portfolio of assets located in the key Russian oil and gas provinces (West Siberia, Volga-Urals and Central Siberia). The Company's 2P reserves according to the international classification (SPE-PRMS) amount to 224 million tons. The АВ1С1+В2С2 reserves of oil and condensate under the Russian classification are estimated to be 628 million tons.

At the yearend 2023, the actual gas production of RussNeft amounted to 2.103 bn m³, including 270 mln cubic meters of natural gas. The Company's fields yielded 1.833 billion cubic meters of APG. Meanwhile, the level of gas utilization at the yearend was maintained at 96.1%, thus having met the state's requirement aimed at maximizing the negative impact of production on the environment.

The Company has approved a strategy to enhance the production processes automation, which is being successfully implemented. This improves the quality of management, speeds up the decision-making, ultimately reducing the cost of oil and gas production. Subsequently, this simplifies the planning of field development and operation.

RussNeft is one of Top-10 oil and gas companies in Russia in terms of oil production output. Life and health of the Company’s employees, industrial safety, and environmental protection in the areas of production are the major priorities and most important conditions for the successful development of RussNeft business.