Rosneft promises to bring production at Vankor to 25 mln tonnes after 2013
KRASNODAR. June 10 (Interfax) - OJSC Rosneft plans to bring production of oil at the Vankor field to its intended level of 25 million tonnes after 2013, the company's head, Eduard Khudainatov, said during the company's annual shareholder meeting.
"We will finish construction of the main facilities at Vankor field in 2013. We will reach production of 25 million tonnes in the future," he said.
Khudainatov added that Rosneft plans to hold production at its older fields (parts of Samaraneftegaz - Udumurtneft and Sakhalinmorneftegaz ) at their plateau. Output at Samaraneftegaz itself will be held at 10 million tonnes, Udmurtneft - 6.3 million tonnes and Sakhalinmorneftegaz - 1.6 million tonnes.
He also said that Rosneft is developing an integrated program for geological survey and replenishing its crude base at older fields belonging to Kransnodarneftegaz, Stavropoloneftegaz, Grozneftegaz, as well as fields in Dagestan and Ingushetia. "We plan to carry out this program between 2012 and 2020," he said.
Khudainatov said that, as of the end of 2010, Rosneft's reserves, according to an international audit, came to 3.123 billion tonnes of oil equivalent. "Reserves stand to date at 21 years with the current level of production," he said. The company's total gas reserves according to Russian standards come to 3 trillion cubic meters.
The increase in Rosneft's reserves came to over 6% for 2010.
He added that according to Russian standards, the increase in reserves reached 163 million tonnes of oil and 66 billion cubic meters.
Khudainatov added that Rosneft discovered to new major oil and gas fields in the Irkutsk region last year: Sanarskoye and Lisovsky with 171 million tonnes in reserves.