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Brent $111,76 per bbl.
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Urals $110,88 per bbl.
Brent $112,18 per bbl.
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Every 30th ton of oil produced in Russia
Annual production of 13.6 ěln. tons of crude oil
Annual gas production 2.150 billion cbm
Recoverable reserves of more than 600 ěln. tons
24  producing assets
1 transportation company
Active in 11 regions of Russia and the CIS
More than 13, 000 jobs

 



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August 2011

30.08.2011 "Oil of Russia".  The Institute of Oil and Gas of the Udmurt State University named after Mikhail Gutseriev  
Izhevsk. Today in Izhevsk there was held a grand opening of the new building of the Institute of Oil and Gas of the Udmurt State University, which was built on the funds of Mikhail Gutseriev, the President of OAO NK “RussNeft”, - reported the press service of the Company.
29.08.2011 "Vzglyad-Info".  XXVIII Olympics of ÎŔÎ "Saratovneftegaz" was held  
Saratov. On August 27 in the children’s health and recreation camp “Rovesnik” there was held ŐŐVIII Olympics of ÎŔÎ "Saratovneftegaz" (a subsidiary enterprise of ÎŔÎ NĘ "RussNeft").
29.08.2011 "Tymenskaya Liniya".  "Mokhtikneft" and Nizhnevartovsk Administration have signed an Agreement on Cooperation  
Nizhnevartovsk, KhMAO. ÎŔÎ «Mokhtikneft» (a subsidiary enterprise of Oil and Gas Company «RussNeft») and Nizhnevartovsk Administration have signed an Agreement on Cooperation for 2011.
29.08.2011 "Interfax".  RussNeft considers high the probability of discovery of large oil deposits in Mauritania  
Moscow. Oil and Gas Company "RussNeft" (RTS: RUSN) values highly the possibility of discovery of large oil deposits in Mauritania, it says in the corporate newspaper "Time of RussNeft". "We assess the probability of discovery of large oil deposits in the region as very high. If our assumptions are confirmed, we can reach in Mauritania the production capacity comparable to the current production level in the rest subsidiary enterprises of the Company", - said in the interview the Vice-president for geology, development and subsurface management of "RussNeft" Andrey Shegimago.
26.08.2011 “Molodezhnaya gazeta” .  The dream has come true  
Ulyanovsk. OAO NK “RussNeft” is not only proud of its experienced staff, but also provides a decent replacement for them. It is not the first year when for these purposes the Company gives an opportunity to practice at its subsidiaries for students of Russian institutes, future oilmen. Starting from this year “RussNeft” also provides training of school graduates, from Ulyanovsk region as well, in the leading oil and gas institutes of the country.
25.08.2011 "Rusenergy".  OAO "Varioganneft" successfully implements the program of horizontal drilling in Variogan oil field  
Raduzhny, KhMAO. In August this year ÎŔÎ «Varioganneft» has started implementation of horizontal drilling project in Variogan license area.
24.08.2011 "Vzglyad-Info".  The charitable program of ÎŔÎ NĘ "RussNeft" – in action  
Saratov. In the children’s health and recreation camp "Rovesnik", belonging to ÎŔÎ "Saratovneftegaz" (a subsidiary production enterprise of ÎŔÎ NĘ "RussNeft"), there’s going on routine checkup of the resting children from the needy families and families in difficult circumstances. Diagnostics of the young patients’ health was performed with the use of modern medical equipment which is fitted in the mobile medical complex. Under the cost increase of the charitable program of OAO NK “RussNeft” by 15 million Rubles at the expense of Mikhail Gutseriev, the President of the Company, there were purchased two similar bus-based complexes (priced at 4, 5 million Rubles) for the regional medical exercises dispensary and the child health center of the town of Balakovo.
24.08.2011 "Izvestiya Udmurtskoy Respubliki".  ÎŔÎ «Belkamneft» increases extent of production  
Izhevsk. Since the beginning of 2011 in the oil fields of group of companies of «Belkamneft», a subsidiary enterprise of ÎŔÎ NK«RussNeft», there was produced 2,65 million tons of oil that is by 9,5% more, as compared to the same period last year.
23.08.2011 "Tyumenskaya Liniya".  «AKI-OTYR» increases the number of production wells  
Khanty-Mansiysk, KhMAO. ÎŔÎ «NAK «AKI-OTYR» (a subsidiary enterprise of OAO NK «RussNeft») is actively increasing the number of production wells.
23.08.2011 “Izvestiya of Udmurt Republic”.  A gift for petroleum faculty  
Izhevsk. On the eve of the new school year, students of Udmurt State University will receive a wonderful gift. On August, 30 in Izhevsk a festive opening ceremony of the new building of the UdGU petroleum faculty will be held. A 9-storey modern building was constructed on the initiative of the President of the Republic of Udmurtiya, Alexander Volkov and was sponsored by the famous entrepreneur, philanthropist, Mikhail Gutseriev.
22.08.2011 "Ulmoney.ru".  ÎŔÎ «Ulyanovskneft» is testing new telemetering equipment  
Ulyanovsk. ÎŔÎ «Ulyanovskneft», a subsidiary enterprise of ÎŔÎ NK «RussNeft», is testing equipment for telemetering system in Zapadnoye oil field.
18.08.2011 “MK-Saratov”.  “Oilman” – that has a proud sound! Labor dynasties at OAO “Saratovneftegas” keep extending!  
Saratov. It is for many decades that the profession of oilman in Russia has been numbered among the most respected and honorable ones. Many generations of our descendants will be engaged in extraction of minerals, for the reserves are very rich. For further dynamic development of Russian oil and gas branch it is necessary to have high class specialists possessing all modern knowledge. And the experience will come later… The project of joint educational program with the Russian State Oil and Gas University named after Gubkin which is being successfully implemented on the basis of OAO “Saratovneftegas”, a subsidiary of “RussNeft”, is designed just for the future: near and distant. Teachers of one of the leading universities of the country have given a course of lectures for the children of the company’s employees from Ulianovsk and Saratov. And very soon the six young inhabitants of Saratov will proudly call themselves “students”.
16.08.2011 "Udmurtskaya Pravda".  “Belkamneft” to children  
Izhevsk. OFO “Belkamneft” , a subsidiary of OAO NK “RussNeft” has summed up the results of summer children’s health campaign. 296 children of employees of OFO “belkamneft” in the age from 6 to 14 had a good rest and built up their health in sanatoriums and health camps.
16.08.2011 "Tyumenskaya Linia".  “Varioganneft” won in the professuinal skill competition among the enterprises of “RussNeft”  
Raduzhny, KhMAO. Specialists of “Varioganneft” occupied 10 prize plzces at the fifth regional professional skill competition among the enterprises of Siberian group of OAO NK “Russneft”. “The best in profession” was determined at ths base of OAO “Varioganneft”.
15.08.2011 “Interfax”.  “Saratovneftegas” triplicated its net profit in the 1st half year  
Saratov. OAO “Saratovneftegas” (incorporated in NK “RussNeft”) (RTS: RUSN) built up its net profit in 2011 2.9 times as compared with the analogous period of 2010 – up to 1 billion 614/12 million rubles, according to the quarterly report of the company.
12.08.2011 "Komsomolskaya Pravda-Izhevsk".  ÎŔÎ «Belkamneft» was entitled in 2010 «The Best Company on investing in human capital assets»  
Izhevsk. ÎŔÎ «Belkamneft», a subsidiary enterprise of ÎŔÎ NK «RussNeft», became the winner of the competition «The best investor of the Udmurt Republic for 2010» in nomination «The best company on investing in human capital assets (by investing in education of workers of the company)».
12.08.2011 "Delovoye obozreniye".  ÎŔÎ «Ulyanovskneft» summarizes the performance of obligations under the collective agreement for the 1st half of 2011  
Ulyanovsk. In ÎŔÎ «Ulyanovskneft», a subsidiary enterprise of ÎŔÎ NK «RussNeft», there was run a semi-annual conference of the staff.
11.08.2011 “MK-Yugra”.  «ÎŔÎ NAK “Aki-Otyr” and the administration of Nefteyugansk district signed a social and economic agreement on cooperation for 2011.  
Khanty-Mansiisk. KhMAO-Yugra. “ÎŔÎ NAK “Aki-Otyr” (a subsidiary of OAO NK “RussNeft” and the administration of Nefteyugansk district signed a social and economic agreement on coopeartion for the year 2011.
10.08.2011 "Tyumenskaya Liniya".  «Aganneftegazgeologia»: the program of production drilling is being successfully implemented  
Nizhnevartovsk District, KhMAO. The horizontal well ą403 was put on production at Golevoye oil field of OAO MPC «Aganneftegazgeologia», a subsidiary enterprise of Oil and Gas Company «RussNeft». The project is being realized as part of production drilling program for 2011.
10.08.2011 "Oilandgaseurasia.ru".  "Varioganneft" implements the program of horizontal drilling at Variogan oil field  
Raduzhniy, KhMAO. In ÎŔÎ «Varioganneft» there was started a project of horizontal drilling at Variogan oil field. The first stage, after the performance of rig works and other preparatory works, became the drilling of the advance borehole ą 2421.
10.08.2011 "Izhlife.ru".  In Izhevsk from September 1 the students of the Udmurt State Universtity will study in the new building  
Izhevsk. More than 1 500 students of the Udmurt State University will welcome the academic year in the new building of Petroleum Institute.
09.08.2011 "Chetvertaya vlast”.  "Saratovneftegas " is planning to increase oil production with the help of non-standard equipment.  
Saratov. ÎŔÎ "Saratovneftegas" (a producing subsidiary of OAO NK “RussNeft”) was the first in Russia to apply non-standard equipment for lifting of liquid from a well. The aim of introduction of this equipment is optimization of work of the well with the help of pumping equipment specially desigped and produced by the plant “Novomet”.
02.08.2011 «Aganneftegazgeologia» will assist with the development of Nizhnevartovsk District  
Nizhnevartovsk District, KhMAO. MPC «Aganneftegazgeologia» and administration of Nizhnevartovsk District have signed economic cooperation agreement for 2011.
01.08.2011 "Chetvertaya Vlast".  ÎŔÎ «Saratovneftegaz» acted as the primary sponsor of the Equestrian Open Championship of the Saratov Region  
Saratov.ÎŔÎ «Saratovneftegaz» (a subsidiary enterprise of ÎŔÎ NK «RussNeft») acted as the primary sponsor of the Equestrian Open Championship of the Saratov Region, dedicated to the 50th anniversary of Yury Gagarin’s space-flight. The competition was held on July 30 and July 31 on the Olympic Equestrian Sport – show-jumping (surmounting an obstacle). The Championship was organized by the Saratov Regional Equestrian Sport Federation with the support of the Ministry for Sport, Physical Culture and Tourism of the Saratov Region.

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