Crude Oil Production

Enterprises of the TATNEFT Group of Companies produced 2,439.6 thousand tonnes of crude oil in January and 2,439.6 thousand tonnes of crude oil from the beginning of the year, which was 237.7 thousand tonnes more than during the same period in 2021.

PJSC TATNEFT's production volume amounted to 2,413,8 thousand tonnes of crude oil in January (+237.7 thousand tonnes versus the relevant period in 2021).

The Company's production from the licensed areas outside the Republic of Tatarstan amounted to 25.8 thousand tonnes in January and 25.8 thousand tonnes of crude oil from the beginning of the year, (+3 thousand tonnes more than during the same period in 2021).

The production volume of high-viscosity oil amounted to 313,3 thousand tonnes in January (313,3 thousand tons from the beginning of the year), which was 12,3 thousand tonnes more, than the production volume for the relevant period in 2021).

Repair of Wells

The remedial well servicing and workover crews performed basic well servicing in 751 wells at the sites of PJSC TATNEFT in January, while the workover operations were performed at 99 wells. Hydraulic fracturing operations were performed at 78 wells. Crude oil recovery enhancement operations were performed in 159 wells.

New Wells Drilling

37 wells were built and commissioned in new drilling in January 2022, all of the listed wells were put into operation in the production drilling.

Drilling in Active Well Stock

4 wells were commissioned in the drilling of sidetracks (BS) and horizontal sidetrack wellbores (BGS) in January 2022.

Drilling of Wells Outside the Republic of Tatarstan

To date, Drilling of the exploration well No. 4R for OOO Tatneft-Samara is in progress in the Samara Region.

Production Performance of JSC TANECO

The TANECO Complex of Refining and Petrochemical Plants processed 1,421.5 thousand tonnes of raw stock in January; the volume of petroleum feedstock processed amounted to 1,367.9 thousand tonnes.

The TANECO Oil Refining and Petrochemical Plants and Complex yielded 1,467.2 thousand tonnes of petroleum products in January with the yield of the motor gasoline brands amounting to 156.02 thousand tonnes and diesel fuel production in the amount of 667.8 thousand tonnes.

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 shall be 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 herein contained to reflect the actual results, changes in assumptions or changes in the factors affecting these statements.

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OAO Tatneft published this content on 02 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2022 10:28:02 UTC.