The Gazprom Neft Group includes more than 40 oil production, refining, and sales enterprises that are vertically integrated in 18 regions of the Russian Federation and former Soviet Union. Gazprom Neft has a total payroll of more than 48,000 people.
Gazprom Neft’s oil production division includes: Gazprom Neft-Noyabrskneftegaz, Gazprom Neft-Khantos, Gazprom Neft-East, Gazprom Neft-Yamal, Gazprom Neft-Sakhalin, Gazprom Neft-Angara, Meretoyakhaneftegaz, NP Ortyagunskoye, Sibneft-Yugra, Archinskoye, Sibneft-Chukotka, Severnaya tayga-Neftegaz, Zapolyarneft, Pechora-Neftegaz, and Shinginskoye.
Gazprom Neft refines over 60% of its crude oil, demonstrating the industry’s best production to refining ratio. Gazprom Neft refines its production mainly at the processing facilities of the Gazprom Neft-Omsk Refinery. The company’s other refining assets are located in the Moscow and Yaroslavl regions. Gazprom Neft also holds a stock interest in the Moscow Refinery (38.8%).
Gazprom Neft’s products are exported to 48 countries and sold throughout the Russian Federation through an elaborate network of proprietary sales enterprises. The company currently operates 812 gas stations in Russia and more than 100 in Kyrgyzstan under the Sibneft brand.
The company’s plans, focused on 2020, are aimed at increasing annual oil production to 88 million tons. Gazprom Neft also plans to develop new oil and gas fields, improve its network of proprietary gas stations, and participate in social projects and programs of a regional, national, and international nature.
Tatneft Open Joint-Stock Company’s history goes back to before 1950, when a USSR Council of Ministers resolution organized the Tatneft association, consisting of the Bavlyneft and Bubulmaneft oil production trusts, the Tatburneft drilling trust, the Tatneftepromstroy construction and erection trust, and the Tatnefteproyekt design office. Late that same year, oil workers reported production of the millionth ton of Tatarstan oil. Tatneft has been a joint-stock company since 1994. At present, Tatneft is a vertically integrated oil company that produces and refines crude hydrocarbons primarily in the Republic of Tatarstan. The company’s main stockholders include Svyazinvestneftekhim (30.44%) and the Bank of New York International (22.99%); 31% of the company’s stock is held by the Republic of Tatarstan, which provides appropriate support on the part of regional authorities.
Tatneft holds 109 crude hydrocarbon prospecting and development licenses. Of these, 73 are within the Republic of Tatarstan. Tatneft has four licenses outside the Republic of Tatarstan (one each in the Samara, Ulyanovsk, and Orenburg regions and one in the Nenets Autonomous District). Miller and Lents, Ltd. (US) estimates that, as of January 1, 2008, Tatneft’s oil and gas reserves were 6,139,700,000 barrels of proven oil and gas condensate reserves and 2,141,300,000 barrels of probable oil and gas condensate reserves (per the international classification of the SPE and the World Petroleum Congress (WPC)). Tatneft’s upstream reserves are among the most complex in the industry, as most fields in Tatarstan are at the stage of declining production. The company’s largest field, Romashkino, is 80% depleted. The crude underlying the Republic of Tatarstan is highly dense and sour, and the company’s cost of producing oil at its fields is very high.
Tatneft includes nine major oil production divisions: Almetyevneft Oil and Gas Production Administration, Aznakayevskneft OGPA, Bavlyneft OGPA, Dzhalilneft OGPA, Yelkhovneft OGPA, Leninogorskneft OGPA, Nurlatneft OGPA, Prikamneft OGPA, and Yamashneft OGPA. The company is a founding stockholder of several oil production joint ventures, including: Tatoylgaz, Tatekh, KalmTatneft, Okhtin-Oyl, Yambul-Oyl, Tatneft-Samara, Tatneft-Severny, Tatneft-Abdulino, and Tatneft-Tarakal. The main enterprise in Tatneft’s refining and processing division is the Tatneftegazpererabotka Administration. The company has a total payroll of more than 100,000 employees. Tatneft’s retail network counts over 473 gas stations in 20 regions of Russia and the CIS.
At present, Tatneft is actively building a new-generation major refining complex at Nizhnekamsk, the Republic of Tatarstan, which will refine 15 million tons of oil per year and produce 18 types of refined products, from motor fuels to feedstocks for the production of a wide range of petrochemicals.
Slavneft Open Joint-Stock Company was founded in 1994, based on a Russian Federation Government resolution dated April 8, 1994 and a Belarusian Council of Ministers directive dated June 15, 1994. Slavneft’s founders were the Russian State Property Management Committee [Goskomimushchestvo] with an initial equity interest of 86.3% and the Republic of Belarus Ministry of State Property with 7.2%. In November 2002, the Republic of Belarus government sold its interest in Slavneft, and on December 18, 2002, the Russian federal government auctioned off its 74.95% stake in Slavneft. After privatization, Slavneft became a wholly private oil company. As of May 15, 2009, company stock was owned as follows: Invest-Oyl (74.9570%), Stranberg Investments Ltd. (11.5772%), and Select Holdings Ltd. (7.7037%).
At present, the company’s vertically integrated structure enables it to support a full production cycle, from field exploration and production of hydrocarbon reserves to their refining. Slavneft holds subsurface geologic study and oil and gas exploration and production licenses to 39 license tracts within the territory of Western Siberia and the Krasnoyarsk Territory. The company’s main production unit is Slavneft-Megionneftegaz. Operating at Megion, Agan, and many other fields, the company produces over 1.8 million tons of crude hydrocarbons annually. The produced crude (except the export portion) is sent for refining to the Slavneft-Yaroslavnefteorgsintez, the Slavneft-Yaroslavl Refinery, and the Mozyr Refinery.
The company’s principal objectives in the next few years are to implement its new oil production strategy, continue to upgrade its refining capacity and increase its refining volume, restructure its business, create an optimal interactive framework for holding company enterprises, reduce costs, and increase production efficiency.
Russneft Open Joint-Stock Company is also one of the ten largest Russian oil companies. Geographically, Russneft’s operations cover the Khanty-Mansi Autonomous District, the Yamal-Nenets Autonomous District, the Tomsk, Ulyanovsk, Penza, Volgograd, Bryansk, Saratov, Kirov, and Orenburg regions, the Krasnodar Territory, the Republic of Udmurtia, and the Republic of Belarus. The company currently has 178 oil and gas fields under development.
In 2008, Russneft increased its crude reserves by more than 22 million tons (a 5% increase over 2007). In Saratov Region, Russneft discovered Luzyanskoye field, and found new accumulations within the Tagr-Yëgan field (the Khanty-Mansi Autonomous District), the Roslavl field (the Khanty-Mansi Autonomous District), the Belokamennoye field (the Saratov Region), and the Gurarinskoye field (the Tomsk Region). According to Miller and Lents (US), Russneft’s proven reserves, certified according to international accounting standards, amounted to 1,713.3 million BOE, including 1,562.5 million barrels (235 million tons) of oil and 905 BCF (25 billion cubic meters) of gas. The total recoverable reserves at fields belonging to Russneft Oil Company are 648 million tons of oil and 3 TCF of gas per the Russian ABC1 + C2 classification.
Russneft has 21 oil production enterprises. The company’s Western Siberian Group includes: Varyëganneft, MPK Aganneftegazgeologiya, White Nights, Goloyl Siberian-Texas, Aki-Otyr Oil Company, Chernogorskoye JV, Mokhtikneft, Archneftegeologiya, and West Malobalyk. Its Urals Group includes Belkamneft, Ural Oil, Udmurt National Oil Company, and Udmurt Oil Company. Its Volga Group includes Saratovneftegaz, Ulyanovskneft, Nafta-Ulyanovsk JV, Nefterazvedka, and Penzaneft. Its Central Siberian Group includes Sobolinoye Group and Tomsk Oil.