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Slavneft increased C1 oil reserves by 26.3 million tons in 2015, reserves replenishment made 170%

17.02.2016

In 2015, OAO NGK Slavneft ensured the increment of recoverable C1 oil reserves in the volume of 26.3 million tons, including 24.2 million tons in KhMAO–Yugra and 2.1 million tons in the Krasnoyarsk region. Replenishment of hydrocarbon reserves at the Company’s license areas made 170%.
 
The total volume of remaining recoverable ABC1 oil reserves on the Slavneft books is estimated as 704.2 million tons (542.5 million tons in KhMAO–Yugra and 161.7 million tons in the Krasnoyarsk region). The reserves-to-production ratio is equal to 45 years.
 
In 2015, Slavneft invested RUB 2.0 bln in exploration activities. In the reporting period, one exploration well and two wildcats were drilled; the drilling progress made 9.2 km. 3D seismic surveys were fulfilled in the volume of 800 sq. meters. The Company ensured the increment of recoverable C1 oil reserves in the volume of 6.5 million tons (4.4 million tons in KhMAO–Yugra and 2.1 million tons in the Krasnoyarsk region) due to the exploration jobs carried out in the past year.

The Company’s resource base was increased due to extension of the boundaries of the Achimovsky license area located in KhMAO–Yugra (the increment of C1 oil reserves amounted to 6.1 million tons).

Upon fulfilling a set of works on further exploration of the Brownfields (Aganskoye, Pokamasovskoye, Tailakovskoye and Zapadno-Ust-Balykskoye fields), 13 new oil deposits were discovered and reflected on the books of the State Reserves Commission.

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