Tatneft Board of Directors have held ordinary session

On October 1st 2013, Tatneft Board of Directors have held the ordinary session, led by the President of Tatarstan, R. Minnikhanov. They discussed at the session the results of the company’s operation in January – August 2013, and agreed the budget for October and Q4 2013, and discussed the prospects of the financial and economic activity of the company for 2014.

The Board of Directors got acquainted with the information about the use of the modern technologies and equipment for the improving of well construction efficiency at Tatburneft LLC. Now they actively introduce new technologies at the Ashalchinskoye super-viscous oil deposits, perform new wells construction with further multi-zone layer hydraulic fracturing, and drilling of multi-hole and horizontal wells at the Devon layers. Simultaneously, the staff solve the issues of further enlargement in labor efficiency and reduction of accident risks.