RussNeft Boosts Oil Reserves by 130% in 2023

RussNeft achieved a significant increase in oil reserves in 2023, adding 8.3 million tons, primarily through its operations at the Tagrinskoye field. The company reported an impressive reserve replacement rate of 174%, producing 6.434 million tons of oil and 2.11 billion cubic meters of gas with a 96.6% APG utilization rate. New technological advancements have led to the commissioning of 69 oil wells and a notable increase in the overhaul period of the mechanized well stock to 834 days.

Leave a comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.