Hydrocarbon production

In 2020, the Company focused on stabilizing production by implementing geological, technological, organizational, and technical measures as part of its production program. The Group commissioned 41 new wells at its companies’ fields, conducted a number of well interventions (sidetracking, fracking, and well re-completion to overlying formation), as well as 131 other well interventions.

Including the share of Zarubezhneft, the hydrocarbon production totaled 4,403,000 toe. Production declined by 8% compared with the previous year because the major fields of the JV Vietsovpetro, the White Tiger and the Dragon fields, entered the complex final development stage and all assets of the Russian segment in the OPEC+ deal were included within the oil production quota allocation.

HYDROCARBON PRODUCTION OF ZARUBEZHNEFT GROUP (INCLUDING THE SHARE OF ZARUBEZHNEFT), thousand toe
PRODUCTION STRUCTURE IN 2020, %

The primary production assets in 2020 were the JV Vietsovpetro, JC RUSVIETPETRO, and ZARUBEZHNEFT-Dobycha Kharyaga.

CHANGES IN PRODUCTION SHARE BASED ON GEOGRAPHICAL OPERATIONS OF ZARUBEZHNEFT, %
OIL AND GAS CONDENSATE PRODUCTION, INCLUDING THE SHARE OF ZARUBEZHNEFT, thousand tons
NAME 2018 2019 2020 +/- %
JV Vietsovpetro 1,998 1,728 1,572.4 –155 –9
JC RUSVIETPETRO 1,589 1,616 1,442 –174 –11

ZARUBEZHNEFT - Dobycha Kharyaga LLC

606 613 604 –9 –1
Block 09-3 (VRJ) 92 79 74 –5 –6
Orenburgnefteotdacha JSC 111 122 119 –3 –3
Ulyanovskneftegaz LLC 51 47 45 –2 –3
Block 04-3 19 13 12 –1
Block 09-3/12 112 102 –10
JV ANDIJANPETRO LLC 0,4 6,3 6
UNGP JSC 0,7 1
TOTAL 4,468 4,330 3,978 –352 –8