OIL PRODUCTION

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Oil and natural bitumen are the main mineral resources of the Republic of Tatarstan. Some 25% of the republic’s territory are oil-bearing areas..

Oil production is carried out by 33 oil companies, the largest of them being Tatneft

3.2billion tonnes of crude oil have been extracted in Tatarstan over the entire oil production history

Produced in 2016

In Tatarstan

35,5million tonnes

By Tatneft

28,3million tonnes

95%

of associated petroleum gas is processed and delivered as a raw material to chemical enterprises of the republic

>1

billion tonnes
Commercial hydrocarbon reserves

30

years
their reserve life is estimated at

7

billion tonnes
Resources of ultra-viscous oil and bitumen

TATNEFT

One of the Russia’s largest oil producers, operating as a vertically integrated holding. .

It incorporates steadily developing enterprises engaged in gas and oil production, refining, petrochemicals, tyre manufacturing, and a network of filling stations and services. Tatneft also participates in the capital of the financial (banking and insurance) sector companies.

Tatneft is the flagship company in the development and application of advanced technologies in the petroleum sector and intensively sponsors research projects.

Its current stock of producing wells exceeds 20,000

11 th

place

At the end of 2016, it ranked 11th in market capitalisation among the Russia’s largest companies

Oil production output by Tatneft, million tonnes

  • 30 million tonnes
  • 26
    2012
  • 26,1
    2013
  • 26,2
    2014
  • 26,9
    2015
  • 28,3
    2016
1/6

Number of employees

20 600
PAO TATNEFT
73 000
The Tatneft Group

SMALL OIL COMPANIES

Today, a total of 32 small oil companies (SOCs) are successfully operating in the republic; this is a successful and vigorously developing, innovation active segment of the oil industry.

They collectively account for over 20% to 25% of the republic’s oil production.

Altogether, SOCs produced over 100 million tonnes of crude oil
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Oil Refining