Oil Drilling Production

Oil ProductionIn order to attain these goals, JSC Sverdnipineft will strive for maximum efficiency in the extraction of the remaining reserves from the current resource base by employing its best optimization
practices, reducing the cost of proven technologies, and introducing and adopting new technologies on a mass scale. It is planned to establish a new oil production center in the Orenburg region area and to develop assets pertaining to unconventional
reserves.

Over a number of years, JSC Sverdnipineft has consistently implemented a Production modernization program, including reconstruction and modernization of its production unit, which
has improved the quality of products and increased their competition value. It is the most ambitious program for the modernization of oil production facilities in the Russian oil industry. During fist years of fields’ discovery, oil production was seasonal – in warm season oil was barged by the river to the oil
refinery in Orenburg region. In winter time well sites were closed.