In 2012, Alliance Oil Company’s total upstream volumes increased by 10% to 19.7 mbbl (53,900 bopd) from 17.9 mbbl (49,000 bopd) in 2011. The preliminary refining volumes in 2012 increased by 13% to 29.3 mbbl (80,100 bopd) from 26.9 mbbl (73,650 bopd). Preliminary crude oil and oil product sales amounted to 19.3 mbbl and 29.9 mbbl respectively in 2012 compared to 17.5 mbbl and 26.9 mbbl in 2011.

The average daily oil production in the Timano-Pechora region amounted to 22,825 barrels in 2012 compared to 19,665 barrels in 2011. Oil production in the Volga-Urals region and Kazakhstan amounted to 22,282 bopd in 2012 compared to 21,265 bopd in 2011. Oil production in the Tomsk region amounted to 8,781 bopd in 2012 compared to 8,054 bopd in 2011. In 2012, 98 new wells were drilled. In 2012, the average daily production at the Kolvinskoye field amounted to 12,996 barrels with a total of 4.8 mbbl produced for the year and 11,877 bopd with a total of 0.37 mbbl produced in December.

Tags: Alliance Oil Company