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Oil & Gas

Oil & Gas Production

Terneftegaz Jsc is one of the largest oil and gas company in Russia and the world's largest public oil and gas Company in terms of hydrocarbon reserve and liquid hydrocarbons production. One of the Company’s key priorities is increasing the resource base. Terneftegaz Jsc’s share in the Russian oil production reaches 40%, and over 5% of the world production. We makes long-term investments goal in global companies in different sectors, mainly in Europe, Americal and other countries. We provide cost-effective oil and gas products solutions. We match for our promise to safety and commitment to your product development. We offer the cleanest line of services with latest technology, equipment.

The approaches and technology applied by Terneftegaz Jsc for the development of Krasnoyarsky Krai fields secured the Company’s leadership in efficient commissioning of new wells and never ending customer support we are able to guarantee a very high level of satisfaction for our clients.

Successful Complete Supply Products

Since the beginning of the production program became a key sector of production and labour in European and North American countries, This allowed the Company to produce extra 2.9 million tons of oil upon the well stock reconstruction. Rosneft continues to increasingly implement more efficient completion methods on the new wells.

Our production work benefits

The Company set another record in hydrocarbon production, having recovered over 265 million ton of oil equivalent, which is 4.3% above the 2015 level. The integration of Terneftegaz Jsc contributed to the growth of total oil production, along with the launch of new fields and enhanced efficiency of mature fields, mostly due to the work of the Company’s own service entities. The production of liquid hydrocarbons in 2016 amounted to 210.0 million ton.

In order to increase the efficiency of reserves extraction in Western Siberia, the Company performed a large-scale optimization of existing development systems by switching from traditional directional wells to horizontal wells with multi-stage hydraulic fracturing (HW with MSFrac). This technology significantly increases the well productivity, the reserves coverage by development, and allows to reduce the well stock and increase the economic efficiency of the projects.

Frontiers of Research

Since these skills are required for virtually everything leader of Russian oil refining. Continuous development of the Refining and marketing segment is one of the Company's strategic objectives.

  • Oil and Gas Processing
    Terneftegaz Jsc processes gas and natural gas liquids at Terneftegaz Jsc gas processing plants (GPPs) in Russia Federation, and the production data are stated net of the produced commercial petroleum products supplied to the entities within the Group for further processing.
  • Oil refining
    In recent years, the Company's refining activities have been focused on meeting the market demand for quality petroleum products. Over the years, Terneftegaz Jsc has been consistently implementing a programme to modernise its refineries, which has enabled it to expand its product range, improve the quality of its products and increase its competitiveness. This is the most ambitious programme of modernization of oil refining capacities in the Russian oil industry.
  • Catalyst plants
    Currently, the catalyst plants are modernizing production facilities: a new production site with a capacity of 600 tons per year of modern catalysts for reforming and isomerization of gasoline is being built, and a pilot plant for the production of hydrotreating catalysts is underway at NCP.
Our

Reserves and resources

In 2018, the Company developed in accordance with its strategic goals and maintained its leading position in terms of proved hydrocarbon reserves among the world's public oil companies. As of December 31, 2018, Terneftegaz Jsc's proved hydrocarbon reserves under the SEC classification amounted to 41,431 million barrels of oil equivalent (5,597 million toe)*. Hydrocarbon reserves increased by 1,524 mln boe compared to the end of 2017 (202 million toe) or 4%. The audit was conducted which provides for the assessment of reserves by the end of the period of profitable field development.