TNK-BP Implements Production Plans in Russian Fields

OJSC Varyoganneftegaz, incorporated into TNK-BP, is successfully fulfilling its oil and gas production plans in Russia. Nearly 3 million tons of oil and 831 million cubic meters of gas were sent to trunk pipelines from the beginning of 2010. Wellworks are being performed ahead of the schedule. 105 hydraulic fracturing operations have been performed so far instead of scheduled 80. The company is efficiently carrying out the drilling program. 80,000 m have been drilled so far instead of scheduled 64,000 m. Drilling of new well pads is continued and accelerated with full compliance with the process requirements and industrial safety standards.

Apart from that, serious efforts are underway for ensuring trouble-free operation industrial facilities and integrity of pipelines.