Tatneft and its affiliated enterprises produced a total of 2,446 thousand tons of crude oil in May 2018, while the production volume for the five months of the current year amounted to 11,910 thousand tons, which was 110 thousand tons less than in the corresponding period of 2017.

Tatneft’s own production amounted to 2,414 thousand tons in May and 11,678 thousand tons within the first five months of the year (minus 101 thousand tons versus the corresponding period of 2017).

The production in the licensed areas outside the Tatarstan republic stood at 29 thousand tons in May, while production over the first five months of the year amounted to 141 thousand tons (minus nine thousand tons versus the initial five-month period of 2017).

The production volume of high-viscosity oil amounted to 161,414 tons, while the production volume registered year-to-date reached 775,026 tons, a figure reflecting an increase of 185,812 tons against the corresponding period of 2017.

A total of 242 new wells were competed and delivered to customers in May (317 wells in 2017), with production well drilling amounting to 150 wells and bitumen deposits drilling accounting for 92 wells.

The number of sidetracks and horizontal wellbores drilled amounted to 43, an increase over 34 wells done in the corresponding period of the previous year.

With regard to well drilling outside Tatarstan, Tatneft completed and undertook testing trials at well no. 1 at the Dolansko-Erdnievsky area in the Kalmykia republic. Additionally, there were two production and one exploration well delivered to customers in the Samara region.

In the first five months of 2018, remedial well servicing and workover crews performed basic well servicing at 4,010 wells at Tatneft’s sites (761 wells in May alone). Workover operations were performed at 1,039 wells during the five months of the current year (170 wells in May).

There were 20 repair operations performed at licensed areas outside of Tatarstan.

Formation hydrocracking operations were carried out at 347 wells (77 wells in May).

Crude oil recovery enhancement operations were performed at 968 wells (213 wells in May), with chemical methods applied at 411 wells (92 wells in May).

The TANECO refining complex processed 786.8 thousand tons of crude in May. The volume of oil processed as of the start of the year amounted to 3,862.3 thousand tons, with 689.2 thousand tons of raw petroleum processed in May and 3,537.98 tons of petroleum feedstock processed since the beginning of the year.

TANECO’s production yield stood at 3,651.5 thousand tons of petroleum products from the beginning of the year and 744.9 thousand tons in May 2018.