Samaraneftegas increased oil extraction by 5.8%, gas – by 4% in Q1 2016

​Rosneft’s affiliate – Samaraneftegas – in Q1 2016 increased the volume of oil extraction by 5.8% to 3 mln tons. The company’s gas extraction in Q1 2016 rose by 4% to 176 mln cubic m.

It was possible to increase the oil extraction due to the successful realization of a complex of measures.

In Q1 2016 the priority rates of operation drilling were saved – the driftage made up about 86 thousand m of rocks.

The works on the optimization of a cycle of construction of new wells, preliminary putting of frozen wells into operation and growth of volumes of geological-technical measures are held at the enterprise that allowed to extract 14 thousand tons of oil over the plan in 2016.

Samaraneftegas gradually increases the level of APG use.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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