RussNeft's reserves increased by 8,3 million tons in 2023
The growth of reserves of PJSC “RussNeft” by the end of 2023 amounted to 8.3 million tons of oil, which was primarily due to the drilling program at the Tagrinskoye field, according to a press release.
It is reported that replacement of reserves in the hard-to-recover category amounted to 174%.
In doing so, RussNeft produced 6.434 million tons of oil and 2.11 billion cubic meters of gas last year, and the APG utilization rate amounted to 96.6%.
In addition, according to the release, the Company commissioned 69 new oil wells and drilling meterage was 256,745 meters.
Meanwhile, the overhaul period indicator of the mechanized well stock reached 834 days. Since 2015, the increase in the overhaul period has amounted to 328 days.
According to the company, the effect of additional measures to optimize production costs made about RUB 1.4 bn.
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RussNeft's reserves increased by 8,3 million tons in 2023
The growth of reserves of PJSC “RussNeft” by the end of 2023 amounted to 8.3 million tons of oil, which was primarily due to the drilling program at the Tagrinskoye field, according to a press release.