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19.353 mln tons of oil were produced in KhMAD in November 2017

December 15, 2017/ 15:15

Khanty-Mansiisk. In November  19.353 mln tons of oil were produced in KhMAD. The indicator is 783 mln tons less than in September according to the estimations of the Oil and Gas Information Agency.

The average daily production decreased to 645.1 thousand tons, which is 4.5 thousand tons less than in October.

447 new wells were put into operation, which is 50 wells less than that last month’s indicator. Drilling reduced by 219.13 km. In November subsoil users drilled 1527.588 km. The data is provided by V.I.Shpilman Center for Sustainable Mining. 

Note that in January a new oilfield, the I.N.Logachev oilfield, came on-stream in KhMAD; it is operated by SurgutNT company. 

By the end of 2017, 234 mln tons of oil are expected to be produced, which is 5 mln tons of oil less than in 2016. The decrease of the planned production level is caused by the agreement between OPEC and Russia and also by the natural factors influencing the annual oil production decline in KhMAD. 

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