Geological Exploration Print version

At present ОАО TATNEFT and its 13 subsidiary and dependent companies have been granted 113 licences for prospecting and developing raw hydrocarbons deposits. The annual and continuous geological exploration works performed by ОАО TATNEFT have insured the increment of recoverable oil reserves for the last 8 years in volumes compansating current oil production.

Deep-hole drilling was started to 10 structural highs in the Republic of Tatarstan and 9 structures in samara region in 2009. Seismic prospecting crews of OOO TNG-Group prepared 16 structures for deep drilling in the Republic of Tatarstan.

The last year results ensured increment of reserve for TATNEFT Company in the amount of 62.1 million tons. 16 new fields were discovered, including 10 fields discovered in the Republic of Tatarstan (with 6 of them containing extra viscous oil), 3 fields in Samara region, 2 fields in Orenburg Region and 1 field in Syria.

According to the assessment of Miller & Lents proved oil reserves amounted to 862.2 million tons as of the beginning of 2010 with probable and possible reserve amounting to 274.1 million tons.

As of today ОАО TATNEFT invests into prospecting and exploration of fields not only in Tatarstan, but also in other regions: Republic of Kalmykia, Orenburg, Samara and Ulyanovsk Regions, and in the Nenetz Autonomous Area. There are 13 subsidiary and affiliated companies with participation of TATNEFT's capital operating in the territory of the Russian Federation having 31 licensed areas.

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