1:1 Meetings

Tatneft is one of the largest companies in Russia’s oil sector, with annual production of more than 26 mln tonnes of crude and 700 mln m3 of gas. The company has a very long production history and its major field, Romashkinskoye, is at the mature stage of development with a depletion rate of over 80%. Miller & Lents, an independent petroleum engineering consulting firm, has appraised Tatneft’s oil reserves at 6.1 mln bbl. as of January 1, 2008.