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2006 November 14   15:03

Surgutneftegaz ups oil production by 3% during 10 months - to 54.625 mln tons

Surgutneftegaz OJSC upped oil production by 3% during the 10 months of 2006 - to 54.625 mln tons against the same period of last year, the Company says according to AK&M.
There were produced 241.5 th tons of oil in the Talakanskoye field during this year season.
The Company upped gas production by 3% to 12.168 bn cubic meters in January-October. Gas processing grew by 28% to 4.42 bn cubic meters.
There were put 784 new wells into operation (762 wells - during the 10 months of 2005).
Surgutneftegaz is one of the largest Russian oil companies. The Company's undistributed profit for 2005 totaled RUB 114.5 billion. In 2005, its oil production rose by 7.1% to 63.86 million tons, its gas production grew by 0.3% to 14.4 billion cubic meters.

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