Date: 6 months ago   Category: Energy

Tatneft increased oil production in 2018 by 2.1% — to 29.5 million tons — Rambler News Service


The Tatneft group increased oil production in 2018 by 2.1% in comparison with an indicator of previous year — to 29.534 million tons, the company reports. Production of the head company in 2018 was 29.192 million tons that is 2.1% more, than in 2017. Production of Tatneft in December was 2.674 million tons, the head company – 2.644 million tons. On license areas outside Tatarstan in 2018 the company extracted 342 thousand tons of oil that is 3.1% less, than the previous year. In December production was 29 thousand tons. Extraction of superviscous oil grew by 18.8% and reached 1.949 million tons, in December extraction of superviscous oil was 176 thousand tons. In 2018 the company constructed in new drilling of 628 wells (in 2017 – 762 wells), including in development drilling — 375 wells, in prospecting drilling – 14 wells, in drilling on bitumen — 239 wells. The complex oil and Taneko petrochemical plants processed in 2018 9.315 million tons of raw materials, including 8.609 million tons of oil raw materials. Production of oil products was 9.223 million tons. In December of Taneko processed 807.7 thousand tons of raw materials, including 734 thousand tons of oil raw materials. Production of oil products in December was 750.5 thousand tons. As earlier reported to RNS, Tatneft expected increase in oil production in 2018 for 1.4% — to 29.3 million tons. In 2017 Tatneft increased oil production by 0.9% — to 28.9 million tons.

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