24.01.2012

A conference of the employees of OAO TATNEFT, which summed up the Company's activity results and fulfillment of the Collective Agreement for 2011 and outlined the tasks for the current year, was held on January 23, 2012 in the city of Almetyevsk (Tatarstan).

The annual event was attended by Shafagat Takhautdinov, General Director of OAO TATNEFT, Rinat Sabirov, Assistant to the President of the Republic of Tatarstan, Irina Larochkina, Deputy Minister of Energy of the Republic of Tatarstan, Tatyana Vodopyanova, Chairman of the Trade Unions Federation of the Republic of Tatarstan, senior managers and heads of the divisions and subsidiaries of the Company.

Stable crude oil and gas production with application of innovative technology concepts was one of the Company's main tasks in 2011.

Totally OAO TATNEFT produced 25.928 million tons of crude oil in 2011 with conditioning and delivery of 25.3 million tons. Natural gas liquids production amounted to 286 thousand tons and the volume of associated petroleum gas was 790 million cubic meters.

The extra-viscous oil deposits of OAO TATNEFT are the ground for working out effective technologies for production and processing of bitumen, which subsequently can be used in the development of similar reserves in other regions of Russia. 41.5 thousand tons of crude oil were produced from seven pairs of horizontal wells at Ashalchinskoye field with application of a steam assisted gravity drainage technology. One hundred thousandth ton since the beginning of the pilot field development was produced in November. Today, the daily production amounts to 145 tons, the maximum oil production rate of one hole has reached 44 tons per day. The plans for 2012 provide for drilling of 10 new wells and increasing oil production to 50 thousand tons as well as commissioning of a high capacity boiler for steam generation.

New technologies are successfully implemented for drilling wells. 533.3 thousand meters of rock were penetrated for TATNEFT in the territory of the Republic during the reporting year. 309 new production wells were put into operation including 4 multilateral wells with the average production rate of 12.6 tons / day.

The technology of drilling small diameter holes designed by the creative team of TATNEFT headed by the Company's General Director proved to be efficient. The Company's stock of the wells to date totaled 204 pieces with 63 of them constructed in 2011. The construction cost of such wells is 30 percent cheaper than conventional ones, while the average production rate reaches the production level rate of conventional wells. The idea of

© Publicnow - 2012