Purneftegaz

Established in 1986, Purneftegaz is engaged in the development of oil, gas condensate, and natural gas fields in the Yamal-Nenets Autonomous District of Western Siberia. It is Rosneft’s fourth largest oil producer after Yuganskneftegaz, Vankorneft and Samaraneftegaz, as well as the Company’s principal gas producer. In 2003, the assets of Selkupneftegaz, which is developing the Kynsko-Chaselskaya group of fields, were integrated with Purneftegaz.

Purneftegaz operates a highly concentrated reserve base. Over 70% of its oil reserves are located at only four fields (Komsomolskoye, Kharampurskoye, Tarasovskoye, Barsukovskoye), while natural gas reserves of the Kharampurskoye field make up 72% of Rosneft’s total gas reserves in the region. Overall, Purneftegaz accounts for 71% of Rosneft’s total proved gas reserves.

At the present, depletion rate of Purneftegaz’s two primary fields, Barsukovskoye and Tarasovskoye, stand at approximately 40%. In the near future, once the issue of associated gas utilization is resolved, the Company will be able to make use of these two field’s significant production growth potential, as well as that of the large Komsomolskoye oil and gas condensate field.

The fields at Purneftegaz are integrated with the regional transport infrastructure. Transneft’s Ust-Balyk — Omsk pipeline, running through Yuganskneftegaz’s fields, is also connected to Purneftegaz. Moreover, Purneftegaz’s fields have access to the Urengoi — Chelyabinsk — Novopolotsk pipeline owned by Gazprom.

Purneftegaz’s fields are located in close proximity to railways connecting the Pur-Pe station with Surgut. This route is used to transport gas condensate produced by Purneftegaz, which allows the Company to avoid the mixing of this feedstock with oil from other producers, as happens when using the Transneft pipeline system.

Production drilling in the region in 2010 was 84.7 th. meters, and 22 new production wells were completed and brought into operation. The Company produced 52.7 mln barrels of oil and gas condensate and 3.6 bln cubic meters of gas (not including amounts flared off) in YaNAD during 2010. About 63% of the Company’s oil production in YaNAD was sent for refining at the Tuapse refinery, and most of the remainder was exported.

YaNAD is the main region of gas production for Rosneft, accounting for 71% of the Company’s proved gas reserves and 29% of gas output in 2010. Implementation of programs to increase associated gas utilization at the Komsomolskoye field and fields of the Kharampurskaya group was continued in 2010, which will enable substantial increase in levels of gas production by Rosneft in YaNAD in the medium term.

Major fields: Kharampurskoye, Tarasovskoye, Barsukovskoye, Komsomolskoye.

Purneftegaz reserves (PRMS, DeGolyer & MacNaughton, as of December 31, 2010)

Purneftegaz hydrocarbon production

Purneftegaz operating highlights

Contact Information

Full name: LLC RN-Purneftegaz

General Director: Vitaly Litvinenko

Address: District 10, Bldg. 3, Yamal-Nenets Autonomous District, Gubkinsky 629830, Russia

Tel: +7 (34936) 5 12 72
Fax: +7 (34936) 5 18 99

E-mail: info@purneftegaz.ru