18:11 GMT +317 November 2019
Listen Live
    Workers look at a drilling rig at a well pad of the Rosneft-owned Prirazlomnoye oil field outside the West Siberian city of Nefteyugansk, Russia, August 4, 2016

    Russia's Rosneft Increases Daily January-September Output, Drilling - Company

    © REUTERS / Sergei Karpukhin/File Photo
    Russia
    Get short URL
    0 35
    Subscribe

    Russia's Rosneft company increased its average daily hydrocarbon production, crude oil and condensate output, gas production, as well as development drilling in January-September, the company said Thursday.

    MOSCOW (Sputnik) Daily hydrocarbon output grew by 1.4 percent to 5.21 million barrels of oil equivalent, the company said in its third-quarter report.

    Rosneft's gas production amounted to 49.33 billion cubic meters, a 7.4 percent year-on-year increase, it added. The growth has been accounted for by added capacity in the fourth quarter of 2015.

    Crude oil and condensate production saw a 0.3-percent increase to 152.24 million metric tonnes in January-September, Rosneft said.

    Production drilling, meanwhile, grew by 42 percent to 22.9 million feet, and the number of new deposits grew by 49 percent to total 1,900, the Russian company added.

    Related:

    Russia’s LUKoil Not to Participate in Privatization of 19.5% of Rosneft
    Privatization of Russia's Energy Giant Rosneft Will Not Exceed 19.5% of Shares
    Preparations for Rosneft Privatization to Wrap Up by Early December - Ulyukayev
    Tags:
    Oil, Rosneft, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik