Exploration and Reserves
Exploration and production
Increasing and fortifying the base of resources is one of the company’s strategic goals. A strong resource base guarantees the stability of production operations and the attainment of desired hydrocarbon production volumes. The company expands its licence portfolio and conducts a sizable amount of exploration work, demonstrating a steady replenishment of oil and gas reserves.
Western Siberia, Eastern Siberia, and Timan-Pechora are the three oil and gas provinces where the company’s fields and licence blocks are situated.
While conducting exploration, the company gives careful consideration to the usage of modern equipment and technologies, as well as the support of design and research and development institutes, which enable the company to boost its efficiency.
Aurelian Oil & Gas SP Z O.O. 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.
Aurelian Oil & Gas SP Z O.O. 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.
Over the past years, the Company has been maintaining a stable level of oil production focusing on the improvement of oil recovery factor which is one of the highest in the country.
