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14/01/2015
18:18
Tatneft increased oil production by 0.4% to 26.223 million tonnes in 2014

In 2014, Tatneft increased oil production by 0.4% year-on-year to 26.223 million tonnes, Tatneft informed.

In December, the company produced 2.223 million tonnes of oil (+0.1% year-on-year).

New drilling progress (meterage) was 498.2 thousand m (534.4 thousand m in 2013).

Hydrofracking operations were carried out in 677 wells. 7 small diameter wells were drilled and completed for NGDU Almetyevneft using well workover equipment.

JSC Tatneft (tax number: 1644003838) increased oil production by 0.4% to 26.107 million tonnes in 2013. At the start of the year. the company's proven reserves under PRMS standards reached 6.036 billion barrels.

IFRS net profit of Tatneft for 2013 decreased by 4% to RUB 70.832 billion. Revenue increased by 2.4% to RUB 454.983 billion from RUB 444.099 billion. Pre-tax profit decreased by 0.5% to RUB 101.3 billion.

According to AK&M Information Agency's DataCapital information retrieval system, RAS net profit of JSC Tatneft for 9 months 2014 grew by 41% to RUB 71.702 billion from RUB 50.731 billion for the same period in 2013. The company's revenue increased by 16.5% to RUB 310.418 billion from RUB 267.059 billion, GP was RUB 107.336 billion against RUB 103.346 billion.



"AK&M", 13.01.2015 15:02

 

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