Tomskneft

OJSC Tomskneft is an oil and gas producing enterprise in the Tomsk Region and Khanty-Mansiysk Autonomous District. It was established in July 1993 as a result of privatization of the Tomskneft industrial association, which was set up in 1966.

Tomskneft was acquired by the Company is May 2007. In late December 2007, a 50% stake in Tomskneft was sold to Gazprom Neft. Tomskneft holds licenses to develop over 30 oil and gas fields. Tomsk-Petroleum-und-Gaz, a subsidiary of Tomskneft holds exploration and production licenses to two more blocks.

Tomskneft operates a number of mature fields with watercut of more than 80% (Nizhnevartovskoye, Strezhevskoye, Chkalovskoye, Olenye, Sovetskoye), as well as new fields that are currently at an early development stage (Krapivinskoye, Dvurechenskoye, West-Moiseevskoye, Igolsko-Talovoye). Tomskneft’s largest field is Sovetskoye, which was discovered in 1962 and commissioned in 1966.

Tomskneft’s fields have access to all necessary transport infrastructure. Oil from Tomskneft fields is delivered mainly to Rosneft’s Achinsk and Angarsk refineries, which are located fairly close by, through a trunk pipeline owned by Transneft.

Tomskneft produced 83.3 mln barrels of oil and gas condensate and 1.72 bln cubic meters of gas at its fields in 2008, of which the Rosneft share was 41.6 mln barrels and 0.86 bln cubic meters, respectively.

Major fields: Nizhnevartovskoye, Strezhevskoye, Chkalovskoye, Olenye, Sovetskoye, Krapivinskoye, Dvurechenskoye, West-Moiseevskoye, Igolsko-Talovoye.

Tomskneft’s reserves (100%, PRMS, DeGolyer & MacNaughton, as of December 31, 2008)

Proved hydrocarbon reserves, mln boe	1,325
Proved oil reserves, mln barrels	1,102
Proved gas reserves, bcm	37.9

Probable hydrocarbon reserves, mln boe	875
Probable oil reserves, mln barrels	794
Probable gas reserves, bcm	13.8

Possible hydrocarbon reserves, mln boe	603
Possible oil reserves, mln barrels	576
Possible gas reserves, bcm	4.7