Oil production in the Russian Federation for 9 months decreased by 7.8%, gas production – by 8.1%

Oil production in the Russian Federation for 9 months decreased by 7.8%, gas production – by 8.1%

Oil production in the Russian Federation for 9 months decreased by 7.8%, gas production - by 8.1%

The volume of oil and gas condensate production in Russia for three quarters of 2020 decreased by 7.8% compared to the same period in 2019 and amounted to 386.77 million tons, according to the operational summary of the CDU TEK. Average daily production was fixed at 10.35 million barrels. Leap year correction included.

In September 2020, Russia produced 40.65 million tons of oil with gas condensate, which is 11.8% less than in September 2019. Average daily production was fixed at 9.93 million barrels.

PSA operators have produced 13.86 million tons of crude oil over the specified period (in September – 1.48 million tons).

Gas production in Russia for three quarters of 2020 decreased by 8.1% compared to the same period in 2019 and amounted to 499.83 billion cubic meters. m, according to the operational summary of the Central Dispatch Office TEK. Leap year correction included.

In September, Russia produced 55.58 billion cubic meters. meters of gas (down 1.4% compared to the same month last year).

CDU TEK does not publish data on Gazprom (MCX: GAZP) separately. They are included as “calculated” in the production volume of “other subsoil users”, who produced 350.84 billion cubic meters in three quarters of 2020. meters of gas (39.36 billion cubic meters of gas – in September).

Leave a Reply

Your email address will not be published. Required fields are marked *