3 February 2020

Figures Demonstrating Operation Results in January 2020

Crude Oil Production

       The enterprises of the TATNEFT Group of Companies produced 2,499 thousand tonnes of crude oil in January 2020 (-40.6 thousand tonnes versus 2019). PJSC TATNEFT’s production volume amounted to 2,470 thousand tonnes (-41.1 thousand tonnes versus 2019).

The Company’s production from the licensed areas outside the Republic of Tatarstan amounted to 29 thousand tonnes (+502 tonnes versus 2019).

       The production volume of the high-viscosity oil amounted to 263.2 thousand tonnes in January (+84.2 thousand tonnes versus 2019).

New Drilling

69 new wells were built and delivered to customers in January (40 wells in 2019), including drilling of 64 production wells and 1 well drilled to bitumen deposits with the exploration drilling accounting for 4 wells.

Active Well Stock Drilling

1 well was delivered in the category of sidetracks and horizontal wellbore drilling in January of 2019.

Drilling of Wells Outside the Republic of Tatarstan

The drilling of 1 production well No. 302 and 1 exploratory well No, 33 for OOO Tatneft-Samara Company is underway.

Repair of Wells

The remedial well servicing and workover crews performed basic well servicing in 689 wells at the sites of PJSC TATNEFT in January of 2020, while the workover operations were performed at 170 wells. Formation hydrocracking operations were performed at 85 wells.

Crude oil recovery enhancement operations were performed in 181 wells in January. 

Production Performance of JSC TANECO

The TANECO Complex of Refining and Petrochemical Plants processed 1,007.6 thousand tonnes of raw stock in January with the volume of petroleum feedstock amounting to 961.1 thousand tonnes processed in January.

The TANECO Oil Refining and Petrochemical Plants and Complex yielded 944.4 thousand tonnes of petroleum products in January 2020, including motor gasoline brands production accounting for 98.7 thousand tonnes, and diesel fuel production in the amount of 313.3 thousand tonnes.

Forward-looking statements: This press release and materials thereby referred to contain certain statements about future events and expectations that are forward-looking in nature. Any statement in this press release or these materials that is not a statement of a historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors, which cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. PJSC TATNEFT shall assume no obligations to update the forward-looking statements contained herein to reflect the actual results, changes in assumptions or changes in factors affecting these statements.

Share this: