RN-Yuganskneftegaz, Rosneft’s largest oil-producing enterprise, has set a new record of crude and condensate daily output since 1986 – 184,549 tons per day.

This became possible due to successful implementation of a programme on launching new wells, performing well interventions, adding undeveloped reserves to development, an increase in equipment operation efficiency, as well as to a start of production on Chupalsk licence area ahead of the schedule.

The enterprise doubled its horizontal-well drilling rate. In addition, a new production reference mark of 16 days was established during construction of two-casing horizontal wells. Wells with horizontal length of 1,500 metres were put into operation.

RN-Yuganskneftegaz is outstripping the well intervention programme: 382 more than planned operations were performed within 5 months of this year, which allowed to increase the volume of additional oil production by 40 percent. Incremental growth amounted to 4,300 tons per day to the level of 2016. This was facilitated by a 10-percent increase in capacity of conducting fracking operations and an improvement of the quality of the work performed.

It is expected that by the end of 2017, RN-Yuganskneftegaz will additionally produce about 11.5 million tons of oil through the implementation of the well intervention programme. The enterprise will also continue to develop hard-to-recover reserves and introduce new technological solutions for the drilling programme.

The achievement of the peak production rate by RN-Yuganskneftegaz is an illustrative example of how the Rosneft’s programme of effective production on mature fields is being successfully implemented.

Notes for editors:

RN-Yuganskneftegaz, Rosneft’s largest oil-producing enterprise, develops 33 license areas. In 2016 the hydrocarbon production increased by 1,9 percent up to 67.5 mtoe. Cumulative oil production of the enterprise exceeds 2.2 btoe.