OAO Tatneft

07/02/2021 | Press release | Distributed by Public on 07/02/2021 03:41

Figures Demonstrating Operation Results in June and Six Months of 2021

Crude Oil Production

Enterprises of the TATNEFT Group of Companies produced 2,289 thousand tonnes of crude oil in June 2020 with the production volume from the beginning of the year amounting to 13,428.5 thousand tonnes, which was 168.3 thousand tonnes more than during the same period in 2020.

PJSC TATNEFT's production volume amounted to 2,264.5 thousand tonnes of crude oil in June with the Company's production from the beginning of the year amounting 13,280.6 thousand tonnes (+ 182 thousand tonnes versus 2020).

The Company's production from the licensed areas outside the Republic of Tatarstan amounted to 24.4 thousand tonnes in June and 147.8 thousand tonnes from the beginning of the year (-14.5 thousand tonnes versus the production amount in 2020).

The production volume of the high-viscosity oil amounted to 304.3 thousand tonnes in June and 1,809.9 thousand tonnes from the beginning of the year (+205.5 thousand tonnes versus the production volume in 2020).

Repair of Wells

The remedial well servicing and workover crews performed basic well servicing in 4,199 wells at the sites of PJSC TATNEFT in six months (742 wells in June), while the workover operations were performed at 512 wells (141 wells in June).

Formation hydrocracking operations were performed at 44 wells (17wells in June). Crude oil recovery enhancement operations were performed in 426 wells (108 wells in June).

The recovery enhancement operations were performed at 512 wells (88 wells in June).

Production Performance of JSC TANECO

The TANECO Complex of Refining and Petrochemical Plants processed 851.9 thousand tonnes of raw stock in June, while the volume processed form the beginning of the year amounted to 6321.1 thousand tonnes; the volume of petroleum feedstock processed in June amounted to 811.1 thousand tonnes and 6156.5 thousand tonnes processed since the beginning of the year.

The TANECO Oil Refining and Petrochemical Plants and Complex yielded 877.5 thousand tonnes of petroleum products in June, while the yield from the beginning of the year amounted to 6156.5 thousand tonnes, including motor gasoline brands production amounting to 113.1 thousand tonnes in June (660.99 thousand tonnes from the beginning of the year), and diesel fuel production in the amount of 357.2 thousand tonnes (2,814.9 thousand tonnes from the beginning of the year).

Forward-looking statements: This press release and materials thereby referred to contain certain statements about future events and expectations that are forward-looking in nature. Any statement in this press release or these materials that is not a statement of a historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors, which cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. PJSC TATNEFT shall assume no obligations to update the forward-looking statements contained herein to reflect the actual results, changes in assumptions or changes in factors affecting these statements.