Gas and oil production
In 2014 Gazprom produced:
– 443.9 billion cubic meters of gas;
– 14.5 million tons of gas condensate;
– 35.3 million tons of oil.
Gas production strategy
Gazprom’s strategy is based on the principle of producing natural gas in volumes determined by demand.
The Yamal Peninsula, Eastern Siberia, the Far East and the Russian continental shelf are the strategic gas production regions for the long run.
Gazprom brings new fields into production pursuing the goal of cost effectiveness achieved through expansion of gas production facilities concurrently with transmission, comprehensive treatment and storage capacities.
Hydrocarbons produced by Russian regions in 2014
Oil production strategy
The oil business development is one of Gazprom’s strategic missions. Gazprom Neft is the mainstay of Gazprom Group’s oil production.
By 2020 Gazprom Neft is going to increase hydrocarbons production up to 100 million tons of oil equivalent a year and maintain this level until 2025.
In order to achieve these goals, Gazprom Neft will seek to ensure the maximum efficiency in the extraction of remaining reserves in the current resource portfolio by applying the best optimization practices, bringing down the cost of proven technologies as well as introducing and adopting new technologies on a large scale. It is planned to establish a new gas production center in the north of the Yamal-Nenets Autonomous Area as well as to expand the Company’s presence in the Arctic shelf.
Gazprom Group production capacities in Russia
As of December 31, 2014 Gazprom Group was developing 139 hydrocarbon fields in the Russian Federation. The Nadym-Pur-Taz oil and gas bearing region in the Yamal-Nenets Autonomous Area remains the major gas production area of Gazprom. The Group develops its oil deposits primarily in the Yamal-Nenets Autonomous Area and the Khanty-Mansi Autonomous Area-Yugra as well as in the Tomsk, Omsk, Orenburg and Irkutsk Regions.
|Fields under development, number||114||119||122||122||121||120||124||127||131||139|
|Gas producing wells in operation, units||6,401||6,513||6,640||6,723||6,774||6,806||6,988||7,226||7,263||7,293|
|Oil producing wells in operation, units||4,372||4,948||5,342||5,444||5,663||5,941||6,151||6,738||7,246||7,604|
|Total design capacity of CGTUs, billion cubic meters||939.6||957.8||976.0||991.0||994.5||1,001.2||1,003.2||1,072.9||1,099.7||1,119.8|
Gas, condensate and oil production indicators
Gazprom accounts for 72 per cent of the Russian and 12 per cent of the global gas output.
Gazprom’s share in global gas output
In 2014 Gazprom Group produced 443.9 billion cubic meters of natural and associated gas.
Gas production by Gazprom Group, billion cubic meters
In 2014 Gazprom produced 35.3 million tons of oil and 14.5 million tons of gas condensate.
Condensate and oil production by Gazprom Group, million tons
Hydrocarbon resources development abroad
As of December 31, 2014 Gazprom’s hydrocarbon exploration and production portfolio consisted of 38 overseas projects, including 17 projects, in which the Group’s subsidiaries performed operator functions. The Company runs its projects in Africa, the Middle East, Europe, Latin America, Central, South and Southeastern Asia.
Gazprom Group’s major hydrocarbon exploration and production overseas projects
In 2014 the projects involving Gazprom Group yielded 3.34 billion cubic meters of gas and 2.54 million tons of gas condensate.