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Yakutia plans to produce more than 12 million tons of oil

  • Published in Economy
The volume of hydrocarbon production last year amounted to 10.2 million tons of oil and 2.01 billion cubic meters of gas.

At the same time last year, the oil production ratio relative to 2016 increased by 1.2%. The plan was raised in 2017 due to an increase in production volumes of OOO Taas-Yuryakh Neftegazodobycha. The enterprise extracted 1.2 million tons of oil with planned 1.08 million tons (an increase by 14%).

In 2018, the republic plans to produce 12.2 million tons of oil. It is counted to increase volumes due to the completion of Taas-Yuryakh Neftegazodobycha (Oil and Gas Production) and the implementation of the second stage of development of ground infrastructure for the Central Block of the Srednebotuobinsky deposit.

The gas production plan for 2017 was 1.9 billion cubic meters, while subsoil users were able to increase production to 2.01 billion cubic meters. This year it is planned to extract about 1.9 billion cubic meters of gas and 116.6 thousand tons of gas condensate.

Oil and gas production in the republic is carried out by such companies as OOO Taas-Yuryakh Neftegazdobycha (Rosneft), Surgutneftegas, Irelyakhneft, YATEC (SUMMA group), Alrosa-Gas and Sakhatransneftegaz.