Lukoil-Perm Group plans to boost oil output 2.2% in 2013
PERM. Jan 17 (Interfax) - The companies in the Lukoil-Perm Group plan to boost oil production 2.2% this year to 13.6 million tonnes, the group said in a press release.
Lukoil-Perm produced 13.311 million tonnes of oil in 2012, up 5% over 2011. Production was 100% compensated for by reserves growth, the press release said.
Also, the group produced 1.173 billion cubic meters (bcm) of gas last year, almost 15% more than it produced the year before.
Lukoil-Perm owns 123 licenses for subsoil use for the purpose of prospecting for, exploring and producing hydrocarbons. It has 133 fields under development in the Perm territory. Remaining recoverable oil reserves total 466.5 million tonnes.
The Lukoil-Perm group includes LLC Lukoil-Perm, subsidiaries LLC UralOil and LLC Aksaitovneft, and joint ventures CJSC PermTOTIneft and CJSC Kama-Oil.
