MIL-OSI Russia: Bashneft replenished hydrocarbon reserves by 114% in 2024

Translartion. Region: Russians Fedetion –

Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

In 2024, ANK Bashneft (part of Rosneft) increased its hydrocarbon reserves by 19.8 million tons of oil equivalent due to successful geological exploration and revaluation of the resources of the fields being exploited, replenishing oil and gas production by 114%.

Based on the results of drilling prospecting, exploration and production wells, Bashneft geologists discovered the Gubeyevskoye field in the Republic of Bashkortostan in 2024, as well as 21 new oil deposits at fields in various regions of their operations.

Improving the efficiency of reserve replenishment is one of the key elements of Rosneft’s development strategy. Every year, Bashneft ensures more than 100% of liquid hydrocarbon production replenishment due to reserve growth. In total, over the past five years, Bashneft has increased its industrial-grade oil and gas reserves by about 153 million tons of oil equivalent. Thus, the company effectively fulfills its tasks to replenish the resource base, and also extends the life of mature fields in Bashkortostan.

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PJSC ANK Bashneft is one of the oldest enterprises in the country’s oil and gas industry, carrying out a full production cycle – oil and gas production, their processing and production of oil products and petrochemicals. Bashneft’s key assets, including an oil refining and petrochemical complex, are located in the Republic of Bashkortostan.

Bashneft also conducts oil exploration and production in the Khanty-Mansiysk Autonomous Okrug – Yugra, Nenets Autonomous Okrug, Perm Krai, Orenburg Oblast and the Republic of Tatarstan.

Department of Information and Advertising of PJSC NK Rosneft February 19, 2025

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

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