Record Amount of Oil from Russian Rosneft Field

Russian Oil Production Reaches Post-Soviet High on Rosneft Field. Russia, the world’s largest energy supplier, pumped a post-Soviet record amount of crude last month as state-run producer OAO Rosneft increased output at a new field in Siberia. Output advanced 1 percent from the same month last year to 10.16 million barrels a day, according to Bloomberg calculations based on Energy Ministry data released today. That beat the previous record of 10.15 million barrels a day in June. Rosneft led the advance as it boosted output at its Vankor field 78 percent to 264,000 barrels a day. That pushed Rosneft’s total output to 2.27 million barrels a day, excluding its share of the Tomskneft venture with OAO Gazprom Neft. Smaller rival OAO Lukoil’s output fell 2.7 percent to 1.79 million barrels. Russian natural-gas production climbed 14 percent to 1.6 billion cubic meters a day, according to preliminary data. State-run OAO Gazprom increased output in September an annual 2 percent to 36.9 billion cubic meters. OAO Novatek’s output rose 10 percent to 2.9 billion cubic meters. ((02 OCT 2010))

http://www.bloomberg.com/news/2010-10-02/russian-oil-production-reaches-post-soviet-high-on-rosneft-field.html

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