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OAO NGK Slavneft Subsidiaries produced 8.95 mln tons of crude oil in IH 2011

19.07.2011

In January – June, 2011, OAO NGK Slavneft’s Subsidiaries produced 8.95 mln tons of crude oil under the Business Plan what is 2.2% below the similar period of the previous year. Starting this year, the gas production volume amounted to 422.3 mln m³ and decreased by 1.7% against the first half of 2010.
Over the first six months of the current year, 418.1 ths meters of rock was drilled and 113 new wells were commissioned at the Company’s fields. As compared to the similar period of the previous year, the production drilling progress reduced by 1.5%; the number of the newly commissioned wells increased by 41.3%.
The associated gas utilization rate achieved 75.7% and exceeded the similar indicator of January – June of 2010 by 4.3%.
Over the reporting period, the Company’s overall crude oil processing volume made 11.3 mln tons and increased by 6.7% against January – June of 2010. Starting this year, OAO Slavneft-Yaroslavnefteorgsintez (YaNOS) and OAO Mozyr Refinery processed 6.8 mln tons of crude oil (2.7% growth) and 4.5 mln tons of crude oil (13.4% growth) respectively.
Over the first six months of 2011, the motor gasoline production volume exceeded 2 mln tons and increased by 2.1% versus the similar period of 2010. During the period specified, YaNOS and Mozyr Refinery produced 1.1 mln tons of gasoline (5% growth) and 0.9 mln tons of gasoline (1.2% decrease) respectively.

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