Crude Oil Production

Enterprises of the TATNEFT Croup of Companies produced 2,362,200 tonnes of crude oil in June with the PJSC TATNEFT’s production amounting to 2,333,730 tonnes, which was 50,020 tonnes more than the figure for the similar period of the previous year (102.19%).

For the period of six months the production of the TATNEFT Group amounted to 14,381,210 tonnes of crude (+473,593 tonnes; 103.4 to the level of 2016) with the PJSC TATNEFT’s six months production amounting to 14,202,377 tonnes (+ 463,088 tonnes; 103.4%).

The Company’s subsidiaries produced 178,833 tonnes (+ 10,505 tonnes; 106.2%). in the licensed areas outside the Republic of Tatarstan.

The production volume of hi-viscosity oil amounted to 723 644 т (+ 432 462 tonnes versus 2016; 279%) with the plan is overfulfilled by 17,068 т (102.4%).

New Drilling

387 new wells were built and delivered to customers during six Months of 2017, which was 32 percent above the figure for the same period of 2016, including 70 wells in June versus the planned 69 wells (293 wells in 2016) with the production wells number amounting to 382 wells (69 wells in June). 287 wells of this quantity were infill-drilling wells. Exploratory drilling accounted for 1 well with 1 planned and drilling to bitumen – 1 well with the planned number equal to 0.

Active Well Stock Drilling

There were 46 sidetracks and horizontal wellbores delivered during six Months in 2017, including 12 wells drilled in June with the plan of 7 wells.

Drilling of wells for OOO “Tatneft-Samara” in the Nenets Autonomous Okrug and the Republic of Kalmykia

Drilling of well No. 1 at the Barrieryaya Area was completed in the Republic of Kalmykia. 5,800 m had been penetrated according to the plan. The well testing was started.

The drilling of well No. 370 is In the Orenburg region is has been completed. At present, work is underway to dismantle the drilling unit.

Well No. 333 is being drilled In the Samara region.

Repair of Wells

During six months of 2017 the remedial well servicing and workover crews performed servicing in 5,534 wells at the sites of PJSC TATNEFT (997 wells in June), while workover operations were performed in 1,291 wells (249 wells in June).

There were 28 wells repaired for OOO “Tatneft-Samara” and 4 wells for OOO “Tatneft-Severny” outside the Republic of Tatarstan.

Formation hydrocracking operations were carried out in 443 wells (77 wells in June).

Oil recovery enhancement operations were performed in 1,370 wells (283 wells in June), including chemical methods applied in 650 wells (138 wells in March).

Production Performance of JSC TANECO

The TANECO Complex of Refining and Petrochemical Plants processed 816.8 thousand tonnes of raw materials in June 2017 and 3857.6 thousand tonnes since the beginning of the year, including 710.5 thousand tonnes of petroleum feedstock processed in June and 3,481.8 thousand tonnes of petroleum feedstock processed since the beginning of the year.

The TANECO Complex yielded 772.5 thousand tonnes of petroleum products in June 2017 and 3,639.1 thousand tonnes since the beginning of the year.