OIL PRODUCTIONGo to section
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
of associated petroleum gas is processed and delivered as a raw material to chemical enterprises of the republic
Commercial hydrocarbon reserves
their reserve life is estimated at
Resources of ultra-viscous oil and bitumen
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.
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
Number of employees
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.