Exploration in new areas, and development of new fields.

Reserves and Exploration

LLC NPO Tyumen Geotech aims to expand its resource base through geological exploration at fields and license areas not only in close proximity to existing transportation and production infrastructure, but also in new potentially prospective hydrocarbon areas. The Company ensures the efficiency of geological exploration work by deploying state-of-the-art technologies and relying on the experience and expertise of the specialists in its geology department, and the Company Scientific and Technical Center located in Irkutsk region.

LLC NPO Tyumen Geotech aims to expand its resource base through geological exploration at fields and license areas not only in close proximity to existing transportation and production infrastructure, but also in new potentially prospective hydrocarbon areas. The Company ensures the efficiency of geological exploration work by deploying state-of-the-art technologies and relying on the experience and expertise of the specialists in its geology department, and the Company Scientific and Technical Center located in Irkutsk region.

When conducting exploration, the Company pays considerable attention to the use of new technologies and equipment, and support of operations by research and development institutes as well as design institutes which makes it possible to increase its efficiency. LLC NPO Tyumen Geotech operates oil fields which are located in Western Siberia and Eastern Siberia. In the upstream sector, the Company is committed to ensuring production volumes which allows it to maintain a balance between economic efficiency and rational use of mineral resources. LLC NPO Tyumen Geotech maintains the production levels at mature fields and actively develops hard-to-recover reserves. At the same time, the Company actively develops promising fields creating new centers of oil production.