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RussNeft Khanty-Mansisk subsidiary increased its production to 1.38 million tons

09.01.2013 Interfax

Khanty-Mansisk. OAO NK RussNeft (PTC:RUSN) subsidiary OAO MPK Aganneftegazgeologiya (PTC: ANGG) has carried out 2012 business plan early, having reached annual production rate still before the end of the year – reported RussNeft.

Annual oil production rate at Aganneftegazgeologiya oilfields made 1.363 million tons of oil as of December 26. According expert forecasts the company will produce other 20 thousand tons of oil by the end of the year.

Consequently, Aganneftegazgeologiya plans to produce 1.383 million tons of oil in 2012. Early fulfillment of the annual commitments the company explains by successful implementation of production drilling and interventions programs. During the year interventions programs have been carried out at the company oilfields which gave additional 80.3 tons of oil.

It should be stressed that in the previous year Aganneftegazgeologiya managed not only to stabilize the oil production volumes, but also form sustainable growth trend. Aganneftegazgeologiya is a member of RussNeft West-Siberian group. The company has 84 open oilfields.

 

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