Oil Prices (today)
Urals $110,46 per bbl.
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 ìln. tons of crude oil
Annual gas production 2.150 billion cbm
Recoverable reserves of more than 600 ìln. 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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December 2011

28.12.2011 "Tymenskaya Linia".  "Varioganneft " discharged its compensatory liabilities to owners of communal family lands.  
Raduzhny, KhMAO. ÎÀÎ «Varioganneft» assigned more than 6 million rubles for compensatory payments to indigenous peoples of the North inhabiting the territories where the company is producing hydrocarbons. The information is received from the press-service of the company.
27.12.2011 "Samotlor-Express" .  "Varioganneft" will give support to the Regional Charitable Fund «Hearts for Children»  
Raduzhny, KhMAO. As part of the charity and sponsorship program, ÎÀÎ «Varioganneft», a subsidiary enterprise of ÎÀÎ NK «RussNeft», will give support to the Regional Charitable Fund “Hearts for Children”. The principal activity of the Fund is oriented to the assistance for the children suffering from cancer.
27.12.2011 "Ulmoney.ru".  ÎÀÎ «Ulianovskneft» switches the boiling room of oil delivery and acceptance station “Klin” to gas  
Ulianovsk. ÎÀÎ «Ulianovskneft», a subsidiary of ÎÀÎ NK «RussNeft», is switching the oil delivery and acceptance station “Klin” to liquified petroleum gas (LPG). In particular, the company has completed mounting of underground reservoirs for LPG storing, mounting and starting-up works at the boiler AX 1200. At the present moment mounting of gas equipment at the boiler AX-1300 is in process.
23.12.2011 "Saratovnews.ru".  “Saratovneftegas” organized charity event for cadets  
Saratov. December, 23 at the kindergarten of sanatorium-health camp “Rovestnik” of OAO “Saratovneftegas” (a subsidiary production enterprise of “RussNeft”) opened winter charity change. More than 100 pupils of Saratov Cadet school ¹ 2 – orphans, patronized, children of military personnel, boys from complete and incomplete families from all Saratov region aged 11-13 – will not only have good rest, but also dedicate their free time for sports training.
22.12.2011 “Interfax”.  “RussNeft” refinanced the UniCredit debt at the rate of Libor +4.5%, reduced the amount of indebtedness by 15%  
Moscow. Moscow. December, 22. INTERFAX-ANI-NK “RUSSNEFT” (RTC: RUSN) refinanced a part of its debt at the rate of LIBOR + 4.5% per annum under the loan of ZAO “UniCredit Bank”. An agreement to that effect was signed in the beginning of December 2011, as said in “RussNeft” report. The signed loan agreement “determines the interest rate guide for potential creditors of the holding”, the statement says. On the whole, in 2011 the Company reduced the amount of the indebtedness by 15% - from US$ 6, 208 billion to US$ 5, 061billion.
21.12.2011 "Tyumenskaya Liniya".  "Aganneftegazgeologia" has fulfilled oil production schedule in advance.  
Nizhnevartovsk, KhMAO. ÎÀÎ MPC «Aganneftegazgeologia» (a subsidiary enterprise of NK «RussNeft») has fulfilled business-plan for 2011 in advance. On December, 17 the production level in the oilfields of the company has risen beyond 1 million 427 thousand 172 tons. The experts of the enterprise predict that by the end of the year on the deposits of ANGG there will be produced about 60 thousand tons of “black gold”.
20.12.2011 "Neftegazovaya Vertikal".  "Varioganneft" has successfully implemented the program on well interventions in 2011.  
Raduzhny, KhMAO. In 2011 ÎÀÎ «Varioganneft» has successfully implemented the program on well interventions aimed at the enhanced oil recovery in the fields of Variogan oil block. In as little as 11 months, in the fields of ÎÀÎ «Varioganneft» and the enterprises, to which the company provides operator’s services, there was carried out 323 well interventions (on the whole, this figure is estimated to be 340 well interventions).
16.12.2011 “Udmnews.ru”.  “Belkamneft” held the VII research and practice conference of young specialists  
Izhevsk. OAO “Belkamneft”, a subsidiary enterprise of OAO NK “RussNeft”, held the annual research and practice conference of young specialists. Projects were presented by 49 specialists under 30 years of age, the press-service of the company reports. The work of the Conference was organized in four sections: “Production and preparation of oil and gas”, ‘Geology”, “Metrology, automation, energy, mechanics and repair of oilfield equipment”, “Information technologies, economics and management at the enterprise”. In the section “Production and preparation of oil and gas” won the engineer-technologist of the production unit of NGDU-2 Soloviev Roman with the project “Improvement of the equipment used for clearing the slaughter of wells and the impact on formation pay zone”.
16.12.2011 “UralInformBuro”.  Cellular communication appeared at all the oilfields of “Aganneftegasgeologia”.  
Nizhnevartovsky district, KhMAO. Mokhtikovskoye, Yeguriakhskoye and Tchernogorskoye oilfileds of OAO MPC “Aganneftegasgeologia” (a subsidiary of “RussNeft”) are included in the service area of MTC cellular communication.
15.12.2011 "Komsomolskaya Pravda Izhevsk ".  4 million tons of oil produced at the oilfields of OAO “Belkamneft”  
Izhevsk Èæåâñê. On December 9, 2011 the amount of oil produced at the oilfields of OAO “Belkamneft”, a subsidiary of OAO NK “RussNeft” from the beginning of the year reached 4 million tons. The production volume exceeds the target figure by 24.2 thousand tons.
15.12.2011 “Neftegazovaya vertical”.  The president of OAO NK “RussNeft” Mikhail Gutseriev was honored with a reward «Queen Victoria Commemorative Medal», awarded by the authoritative international organization «Europe Business Assembly»  
Oxford, Great Britain. The President of OAO NK “RussNeft” Mikhail Gutseriev was honored with reward «Queen Victoria Commemorative Medal», awarded by the authoritative international organization «Europe Business Assembly» (E.B.A.). NK “RussNeft”, headed by the Russian entrepreneur, was also marked with prestigious award «European Quality» for high production performance and fast-moving dynamics of development.
15.12.2011 “Selskaya Pravda” .  Effective cooperation  
Ulyanovsk. On the eve of the New Year the largest oil producing holding “RussNeft” sums up the results of collaboration with the Administration of Ulyanovsk Region. The Company implements large-scale social programs in regions where the Company carries out oil production. The cooperation is undertaken on the basis of agreements with the administrations with the constituent entities of the Russian Federation. Such Agreement on socio-economic development the Company annually enters into with the Government of Ulyanovsk oblast. In 2011 the overall contribution of OAO NK “RussNeft” and its subsidiary enterprise OAO “Ulyanovskneft” to the social sphere of our region amounted to more than 53 million rubles.
14.12.2011 "Fedpress.ru".  At Tzentralnoye oilfield in Udmurtiya “RussNeft” built new distributing point  
Izhevsk. OAO “Belkamneft”, a subsidiary enterprise of OAO NK “RussNeft”, completed the construction of distributing point at Tzentralnoye oilfield. As was reported to “FederalPress” today, December, 14, in “RussNeft” press-service, estimated cost of new energy facility amounted to 20.5 million rubles.
12.12.2011 “Neftianaya Vertical” .  OAO “Varioganneft” is carrying on preliminary summing up of the results of implementation of production drilling progam-2011  
Raduzhny, KhMAO. In 2011 “Varioganneft” was implementing the development efficiency raisng program at “Variogan” oil block. During the year 37 wells were drilled with this purpose, while the analogous figure of the last year amounted to 11 wells.
12.12.2011 “Neftegazovaya vertical”.  OAO “Varioganneft” summarized preliminary results of implementation of production drilling program  
Raduzhniy. KhMAO. In 2011 OAO “Varioganneft” implemented a program for improving the efficiency of field development at Variogan oil block. For this purpose during the year the company drilled 37 wells, while the comparable figure of the year 2011 totaled 11 wells.
09.12.2011 “UralInformBuro” .  MPC “ANGG” is improving personal protection equipment for operating staff  
Nizhnevartovsk district, KhMAO. OAO MPC “Aganneftegasgeologia (a subsidiary of OAO NK “RussNeft”) is implementing new technologies and equipment securing labor safety of the operating staff. The activity is being carried on in accordance with the general corporate policy of OAO NK “RussNeft” in the field of environment protection, labor protection and the Health, Safety and Environment Management System, based on international standards ISO 14001:2004 and OHSAS 18001:2007.
08.12.2011 “Moscow News”.  Mikhail Gutseriev :” If the young have no opportunities for social growth they become aggressive”  
Moscow. Mikhail Gutseriev calls foundation of a new higher education institution in Udmurtia (where the Institute of Oil and Gas at UdSU was opened in September) “natural HR policy”. For example, post-graduates and young teachers of the RSU named after Gubkin will have the chance to get full-scale experience of teaching and scientific work in Udmurtia.
05.12.2011 "Argumenty I Facty, Ulianovsk".  OAO “Ulianovskneft” continues implementation of APG utilization program  
OAO “Ulianovskneft”, a subsidiary of OAO NK “RussNeft” continues implementation of associated petroleum gas (APG) utilization program
02.12.2011 “Izvestiya of Udmurt Republic”.  OAO “Belkamneft” improves information technologies at oilfields of Udmurtiya  
Izhevsk. OAO “Belkamneft”, a subsidiary enterprise of OAO NK “RussNeft”, improves information technologies at oilfields of Udmurtiya. Within the frames of this activity, at remote objects of OAO “Belkamneft” infrastructure there has been completed the installation and setting up of communication channels using broadband wireless access equipment Skyman.
02.12.2011 “Arguments and facts Ulyanovsk”.  OAO “Ulyanovskneft” was ranked among top three best organizations-users of natural resources  
Ulyanovsk. OAO “Ulyanovskneft” was recognized as one of the best organizations – users of natural resources according to the results of the regional contest “Environmentalist of the year”. The annual regional competition “Environmentalist of the year” is held with the purpose of enhancing and promotion of activities of organizations and citizens in the sphere of environmental protection in Ulyanovsk Region.
01.12.2011 “Neftegasovaya vertical”.  OAO “Varioganneft” passed a certification audit of the Safety and Environment Management System  
Raduzhniy, KhMAO. OAO “Varioganneft” has successfully completed a certification audit of the Safety and Environment Management System. The main purpose of the audit was to check the enterprise on compliance with the requirements of international standards ISO 14001:2004 è OHSAS 18001:2007.
01.12.2011 "The Word of Kyrgyzstan".  «RussNeft» has answered a call  
Bishkek. 180 wheelchairs for children will be soon delivered to Kyrgyzstan. Half of them have been purchased by the Russians in the U.S., the second part – by the United States Agency for International Development (USAID). On the Russian side the purchase was financed by ÎÀÎ «NK «RussNeft» and ZAO «Polyus».

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