Yamal peninsula oil and gas production raised by more than 20 %

Apr 01, 2010 02:00 AM

In the first two months of the year, 103.233 bn cm of gas and 4.034 mm tons of oil was produced on the Yamal peninsula. Compared to the previous year, gas production increased 15 % and crude production fell 90 %. Condensate production rose 20 %.
Thirty enterprises are working 84 fields in the region today. Of this number, 15 companies are producing oil on 53 fields.

As before, the main oil producing enterprises in the region are Gazprom Neft and Rosneft.
From January-February, these Gazprom Neft produced 2.559 millions tons or 63.5 % of the total oil produced in the region. Rosneft produced 1.113 mm tons of oil or 27.6 % of the total. Other oil companies accounted for 8.9 %, producing 361,529 tons.

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