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9 Pages

Surgutneftegas - Hidden Giant of Siberia

Surgutneftegas - Hidden Giant of Siberia

Report summary

Russia’s 3rd largest oil producer and one of only 21 companies producing more than a million b/d, Surgutneftegas have forged a unique path. A drill heavy development strategy will mean flat production until 2020, with successful development of the Bazhenov shale key to production beyond then.

What's included?

This report includes 2 file(s)

  • Surgutneftegas - Hidden Giant of Siberia PDF - 763.68 KB 9 Pages, 1 Tables, 6 Figures
  • surgutneftegas data for insight.xls XLS - 123.50 KB


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  • Executive Summary
    • A Soviet heritage
      • Surgutneftegas’s acreage and key fields
    • Reserves
      • Commercial Field Reserves at 1 January 2014 (fields over 100 million barrels shown)
    • Building a million b/d oil business through the drill bit
      • The expansion West and North from Surgut
      • Significant exploration successes
        • Exploration activity
      • Oil production is concentrated in a few core areas
      • West Siberia
      • Timan-Pechora and other areas
      • Tight Oil
        • Historical vertical well productivity in the Bazhenov
      • Capital expenditure trends
      • Maintaining production in the next decade

In this report there are 7 tables or charts, including:

  • Executive Summary
    • Surgutneftegas - Hidden Giant of Siberia: Image 1
    • Surgutneftegas - Hidden Giant of Siberia: Table 1
    • Surgutneftegas - Hidden Giant of Siberia: Image 2
    • Surgutneftegas - Hidden Giant of Siberia: Image 3
    • Production is supported by a few key fields
    • Surgutneftegas - Hidden Giant of Siberia: Image 5
    • The increasing complexity of well work
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