Bashneft increased extraction in the republic

​Bashneft has announced the preliminary results of its production activity for Q3 and 9 months 2015. Bashneft managed to extract 14 mln 674 thousand tons of oil this year – by 12.1% more than in Jan-September 2014.

The extraction at mature deposits over 9 months 2015 rose by 3% against 9 months 2014. Though these deposits have been developed for a long time already, the company manages not only to keep extraction in the Ural-Volga oil and gas province by means of putting new wells into operation and running of high-efficient geological and technical measures but to constantly increase it.

The company’s affiliates in the Far North and Siberia successfully work. So Bashneft-Polyus Ltd extracted 963 thousand tons of oil – by 68.4% more than in Jan-September 2014. Burneftegas extracted 1 mln 232 thousand tons – by 132.3% more than in Jan-September 2014.

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