Bashneft on January 23 released its preliminary operating results for the fourth quarter and the 12 months of 2013. In 2013 oil production at the Company’s fields totalled 16,073 thousand tonnes (117,333 thousand barrels), which is 4.1% more than in 2012. In 2013 Bashneft’s average daily production reached 44 thousand tonnes per day (321.2 thousand bbl/d)
‘In 2013 Bashneft reported the strongest growth of annual production in Russia’s oil industry once again,’ commented the Company’s President Alexander Korsik. ‘We achieved this impressive result primarily by boosting production in our key operating region, the Republic of Bashkortostan, and by starting oil production at the Roman Trebs and Anatoly Titov fields in the Nenets Autonomous District ahead of schedule.’
In the fourth quarter of 2013, Bashneft produced 4,173 thousand tonnes of oil, which is 6.8% more than in the same period in 2012. In the fourth quarter of 2013, average daily production totalled 45.4 thousand tonnes per day (331.4 thousand bbl/d), reaching a record high since 1995.
In 2013 more than half (54%) of the increase in oil production in traditional oil-producing regions was related to highly efficient geological and engineering operations and the use of cutting-edge technology, for instance, while drilling high-rate horizontal wells both at brownfields and at the v. Afanasyev field commissioned in 2013, where over 150 thousand tonnes of oil (1,095 thousand barrels) were produced in 2013.
In 2013 Bashneft’s production was boosted considerably by the start of pilot production at the R. Trebs and A. Titov fields in the Nenets Autonomous District, where the Company produced 291 thousand tonnes of oil (2,168 thousand barrels) during the period from August through December 2013, meeting the target.
In 2013 Bashneft’s refining complex in Ufa processed 21,399 thousand tonnes of oil (156,213 thousand barrels), which is 3% more than in 2012. In 2013 refining depth at Bashneft’s refineries averaged 84.7%, which is comparable to the level reached in 2012. The share of light products increased to 60.4% compared to 59.7% a year earlier.
Preliminary data suggest that the average Nelson Index increased from 8.55 to 8.65 after a complex of sulphuric acid alkylation and sulphuric acid regeneration units was put into operation at the Bashneft-Novoil Branch.
The share of Euro 4 and Euro 5 gasoline in the total gasoline output amounted to 87.7% in 2013 compared to 72.9% in 2012. The share of Euro 5 gasoline rose to 67.2% in 2013 against 20.1% in 2012.
Source: Bashneft Press Office, 2014