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OAO NK RussNeft subsidiaries development actual objectives were discussed in Saratov

05.05.2014 SarInform

Saratov. OAO NK RussNeft Production and Exploration block held an off-site meeting in Saratov with participation of managers of the company and its subsidiaries: Varioganneft, Aganneftegazgeologiya, NAK AKI-OTYR, Tomskaya neft, Ulyanovskneft, Saratovneftegaz.

Addition of the hydrocarbons resources is one of the objectives of the company
The participants of the meeting heard the main results of the company’s assets performance in Q1 2014 and adjusted the plans for their development through the year end.
Besides, an emphasis was given to the geologic monitoring of the West-Siberian group of fields which is the most promising with respect to drilling of new wells. It was stressed that application of up-to-date technologies and innovative methods of operation are strategic tasks for this year.
In addition, the off-site meeting participants studied the subsoil development complex monitoring details in the context of OAO Saratovneftegaz Kulikovskoye field and drafted proposals on production drilling at the brown fields of the region.
The meeting also made a point that the hydrocarbons reserves replacement is a priority alongside with stabilization of production from the operating wells. The replacement was over 100% last year (10.5 mln tons of oil in absolute terms). The plan for 2014 is to keep this indicator at the same level.

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