It means that the Company has exceeded the planned level by 100 thousand tonnes.
In December, the daily production volume came to 20.3 thousand tonnes. It is expected that by the end of 2013 the indicator will reach 21.5 thousand tonnes.
In 2013, Verkhnechonskneftegaz plans to produce 7 million 590 thousand tonnes of crude and to achieve a plateau production of 7 million 800 thousand in 2014. This year, incremental production is expected to be achieved through newly drilled wells and geological-technical activities to include conversion of wells to artificial lift and hydraulic fracturing of the formation.
Active well stock of the Verkhnechonskoye Field is steadily increasing. In January 2012, the ratio of wells with artificial lift and wells producing by natural flow was 50/50 (132 active wells in total). Presently, out of 183 producers 121 produce by artificial lift and 62 by natural flow.