contentrussian-energy-co.com/.../russian_ofs_2013_content.pdf · · 2013-08-13renergyco russian...

REnergyCO Russian Upstream and Oilfield Services 2013

REnergyCO http://www.renergyco.ca

Strategy and market research + 1 905 205 1094

FSU energy markets

Report: Russian Upstream and Oilfield Services 2013

Over 600 pages and 1000 figures and tables. Available in Russian and English. The report will be updated free of charge in September 2013 by inclusion of financial data for 2012 and other key mid-2013 data Report price: $12,000.00 (USD) excluding any applicable taxes (VAT or any other). Discounts available for existing clients. This report is unmatched by the depth of analysis and details of information presented. The author is the leading expert in the Russian oilfield services market with a proven track record of successful forecasting of the upstream activity. The forecasts used by the largest Russian Oilfield Services companies in presentations to investment community. The report provides invaluable insight and data intensity. All key data in the graphs is numerical. Data used in the report is most recent (2011 full year). The author is available for detailed discussions and data clarifications. Profiles of key OFS service suppliers with 2012 activity levels are included.

The report is a must have for all participants in this $25 bln market!

Comments: The report contains financial information that will be unavailable in the time of report preparations for all companies. To address the issue, the author will guarantee delivery of the update (preliminary August/September 2013). This will create additional value to the report user by adding up-to-date reviews of the Russian upstream activity in the first half of 2013. This update is included in the price.

CONTENT

1 Abstract ............................................................................................................................................ 28

2 Oil and gas industry’s development in 2001-2012 ........................................................................ 30

2.1 Industry structure and role in Russian economy ................................................................................. 35 2.2 Industry regulation .............................................................................................................................. 40 2.3 Taxation .............................................................................................................................................. 40

2.3.1 Mineral Extraction Tax (MET)............................................................................................................................ 41 2.3.2 Export Duty ......................................................................................................................................................... 42

2.4 Oil prices ............................................................................................................................................ 46 2.5 Crude and condensate production ....................................................................................................... 48 2.6 Gas production .................................................................................................................................... 49 2.7 Oil industry crude balance .................................................................................................................. 51 2.8 Balance of gas distribution ................................................................................................................. 52

3 Key upstream activities overview in 2002-2012 ............................................................................ 53

3.1 Drilling and wells completion in Russia ............................................................................................. 53 3.2 Well workover/well servicing operations ........................................................................................... 61 3.3 Effectiveness of well servicing/well workover operations ................................................................. 68 3.4 Hydraulic fracturing and effectiveness of operations ......................................................................... 69 3.5 Well bore stimulation (excluding hydro fracturing) and artificial lift optimization ........................... 71




FSU energy markets

3.6 Water injection ................................................................................................................................... 72 3.7 Seismic surveys .................................................................................................................................. 73

4 Russian oilfield services market in 2003-2012 and forecast for 2013-2018 ................................ 77

4.1 Market size estimates .......................................................................................................................... 77 4.2 Forecast methodology and cautionary notes ....................................................................................... 84 4.3 Crisis and its impact on dollar value of the market ............................................................................ 85 4.4 Drilling segment in 2003-2012 and forecast till 2018 ........................................................................ 91 4.5 Rig mobilization and assembly segment in 2003-2012 and forecast till 2018 .................................... 93 4.6 Drill bits and drill bits program segment in 2003-2012 and forecast till 2018 ................................... 94 4.7 Turbines servicing and supervising in 2003-2012 and forecast till 2018 ........................................... 96 4.8 Drilling fluids in 2003-2012 and forecast till 2018 ............................................................................ 97 4.9 MWD/ LWD and directional drilling segment in 2003-2012 and forecast till 2018 .......................... 99 4.10 Pressure pumping services market in Russia in 2003-2012 and forecast till 2018 ........................... 101

4.10.1 Cementing in 2003-2012 and forecast till 2018 ................................................................................................ 103 4.10.2 Hydro fracturing market in 2003-2012 and forecast till 2018 .......................................................................... 105 4.10.3 Coiled tubing segment in 2003-2012 and forecast till 2018 .............................................................................. 107

4.11 Wireline services market in 2003-2012 and forecast till 2018 ......................................................... 109 4.11.1 Open Hole Logging in 2003-2012 and forecast till 2018 .................................................................................. 110 4.11.2 Cased hole logging segment in 2003-2012 and forecast till 2018 ..................................................................... 112 4.11.3 Perforation segment in 2003-2012 and forecast till 2018 ................................................................................. 113

4.12 Well servicing/ workover market in Russia in 2003-2012 and forecast till 2018 ............................. 114 4.12.1 Workover in 2003-2012 and forecast till 2018 .................................................................................................. 116 4.12.2 Well servicing in 2003-2012 and forecast till 2018 ........................................................................................... 117 4.12.3 Completion services segment in Russia in 2003-2012 and forecast till 2018 .................................................... 119

4.13 Sidetracking market estimates in 2003-2012 and forecast till 2018 ................................................. 121 4.14 Seismic services market in 2003-2012 and forecast till 2018 ........................................................... 122 4.15 Artificial Lift Services segment in 2003-2012 and forecast till 2018 ............................................... 124 4.16 Oilfield market in key producing regions and forecast of regional market development ................. 125 4.17 Oil field services market growth impact on production costs ........................................................... 128 4.18 Market size estimates for key groups of equipment ......................................................................... 129

5 Forecast of physical volumes and OFS capacities in 2013-2018 ............................................... 130

5.1 Forecast of physical activity in Russia in 2013-2018 ....................................................................... 131 5.2 Forecast of capacities requirements .................................................................................................. 140

6 Oilfield services in key crude oil producing regions .................................................................. 145

6.1 Crude oil production by region ......................................................................................................... 145 6.2 Development drilling and production well completions ................................................................... 147 6.3 Workover operations by key regions ................................................................................................ 151

7 Khanty-Mansiysk Autonomous District (West Siberia) ............................................................ 153

7.1 KhMAD reserves and key OFS activities by an oil company .......................................................... 153 7.2 Oilfield market estimates for KhMAD ............................................................................................. 170 7.3 Oilfield market forecast for 2013-2018 for KhMAD........................................................................ 182

8 Yamal-Nenets Autonomous District (West Siberia)................................................................... 184

8.1 YaNAD reserves and key OFS activities by an oil company ........................................................... 184 8.2 Oilfield market estimates for YaNAD (excluding gas) .................................................................... 198 8.3 Oilfield market forecast till 2018 for YaNAD .................................................................................. 210

9 South Tyumen, Tomsk, Novosibirsk and Omsk oblasts (Western Siberia) ............................. 213

9.1 South of Tyumen and adjacent regions reserves and key OFS activities by an oil company ........... 213 9.2 Oilfield market estimates for South Tyumen, Tomsk and Other WS ............................................... 225




FSU energy markets

9.3 Oilfield market forecast till 2016 for South Tyumen, Tomsk and Other WS ................................... 236 10 Volga-Urals region ........................................................................................................................ 238

10.1 Volga-Urals reserves and key OFS activities by an oil company ..................................................... 238 10.2 Oilfield market estimates for Volga-Urals ........................................................................................ 254 10.3 Oilfield market forecast till 2018 for Volga-Urals ........................................................................... 266

11 Timan-Pechora .............................................................................................................................. 268

11.1 Timan-Pechora reserves and key OFS activities by an oil company ................................................ 268 11.2 Oilfield market estimates for Timan-Pechora ................................................................................... 281 11.3 Oilfield market forecast till 2018 for Timan-Pechora ....................................................................... 291

12 Eastern Siberia .............................................................................................................................. 294

12.1 Eastern Siberia reserves and key OFS activities by an oil company ................................................ 294 12.2 Oilfield market estimates for East Siberia ........................................................................................ 300 12.3 Oilfield market forecast till 2018 for East Siberia ............................................................................ 308

13 Far East .......................................................................................................................................... 311

13.1 Sakhalin reserves and key OFS activities by an oil company ........................................................... 311 13.2 Oilfield market estimates for Sakhalin ............................................................................................. 321 13.3 Oilfield market forecast till 2018 for Sakhalin ................................................................................. 330

14 North Caucasus ............................................................................................................................. 332

14.1 North Caucasus reserves and key OFS activities by company ......................................................... 332 14.2 Oilfield market estimates for North Caucasus .................................................................................. 342 14.3 Oilfield market forecast till 2018 for Caucasus ................................................................................ 348

15 Natural Gas and Caspian ............................................................................................................. 350

15.1 Oilfield market estimates for Natural Gas ........................................................................................ 350 15.2 Oilfield market forecast till 2018 for Natural Gas ............................................................................ 358 15.3 Oilfield market estimates for Caspian offshore development ........................................................... 359

16 Analysis of oilfield services customers (major companies) ........................................................ 361

16.1 Rosneft .............................................................................................................................................. 367 16.1.1 Rosneft .............................................................................................................................................. 367 16.1.2 TNK-BP ............................................................................................................................................ 373 16.2 LUKOIL ........................................................................................................................................... 379 16.3 Surgutneftegas .................................................................................................................................. 385 16.4 Gazpromneft ..................................................................................................................................... 391 16.5 Tatneft .............................................................................................................................................. 397 16.6 Slavneft ............................................................................................................................................. 401 16.7 Russneft ............................................................................................................................................ 406 16.8 Bashneft ............................................................................................................................................ 411 16.9 OAO Gazprom .................................................................................................................................. 417 16.10 NOVATEK ....................................................................................................................................... 420

17 Review of Key Oilfield Capacities in Russia ............................................................................... 423

17.1 Estimates of the number of drill rigs fleet and number of active rigs ............................................... 423 17.2 Workover rigs fleet estimates and workover crew-hour costs .......................................................... 427 17.3 Geophysical crews and key companies owning assets ..................................................................... 430

18 Analysis of the OFS competitive environment ........................................................................... 432

19 Oil companies’ service divisions................................................................................................... 437

19.1 OAO Surgutneftegas ......................................................................................................................... 437




FSU energy markets

19.2 Rosneft .............................................................................................................................................. 441 19.2.1 OOO RN-Burenie .............................................................................................................................................. 443 19.2.2 ZAO Udmurtneft-Burenie .................................................................................................................................. 445 19.2.3 OOO RN Service ............................................................................................................................................... 446 19.2.4 Mamontovskii KRS ............................................................................................................................................ 447 19.2.5 ZAO KRS ........................................................................................................................................................... 449 19.2.6 OOO URS Samara ............................................................................................................................................ 449 19.2.7 OAO PNO ......................................................................................................................................................... 450

19.3 Service divisions of OAO Tatneft .................................................................................................... 452 19.3.1 OOO TNG-Group ............................................................................................................................................. 454 19.3.2 OOO Burenie (former UK Tatburneft) .............................................................................................................. 455 19.3.3 OOO Tatneft-RemService .................................................................................................................................. 455 19.3.4 OOO TNG-Lenburneft (integrated in Tatburneft) ............................................................................................. 456

19.4 LUKOIL ........................................................................................................................................... 457 19.5 TNK-BP ............................................................................................................................................ 459 19.6 Russneft (OOO RussNeft-Burenie) .................................................................................................. 460

20 OFS divisions of oil companies in divesture ................................................................................ 462

20.1 Bashneft oilfield services assets (Bashneft Nefteservisnye Aktivy) ................................................ 462 20.1.1 Bashneft-Burenie ............................................................................................................................................... 464 20.1.2 Ufa UPKRS (workover) ..................................................................................................................................... 465 20.1.3 BURS (Bashkir Upravlenie Remonta Skvazhin) ................................................................................................ 465 20.1.4 Equipment manufacturing and servicing assets (Neftekamsk ZNO and Oktyabrsk ZNO) ................................. 466 20.1.5 OOO Neftekamsk UBR (merged in Bashneft-Burenie) ...................................................................................... 467 20.1.6 OOO Ufa UBR (merged in Bashneft-Burenie) .................................................................................................. 467

20.2 Slavneft ............................................................................................................................................. 468 20.2.1 OOO Megionskoye UBR ................................................................................................................................... 469 20.2.2 OAO Slavneft-Obneftegazgeologiya (OOO Obgeologia) .................................................................................. 470 20.2.3 OAO Slavneft-Megionneftegazgeologiya (OOO Megiongeologia) ................................................................... 472 20.2.4 OOO Baikitskaya neftegazorazvedochnaya expeditsia ..................................................................................... 473

20.1 Gazpromneft ..................................................................................................................................... 474 20.1.1 OAO Gazpromneft-Noyabrskneftegeophysica ................................................................................................... 476

20.2 Gazprom ........................................................................................................................................... 477 20.2.1 OOO Gazflot ..................................................................................................................................................... 478 20.2.2 OOO Georesurs (OOO Gazprom Gephysica) ................................................................................................... 480

21 International and large foreign companies ................................................................................. 482

21.1 Schlumberger Ltd. ............................................................................................................................ 483 21.1.1 OOO Schlumberger Vostok ............................................................................................................................... 487 21.1.2 OAO PetroAliance ............................................................................................................................................ 487 21.1.3 Tyumenpromgeophysica .................................................................................................................................... 489 21.1.4 Schlumberger Technological Company (ESP and telemetry) ........................................................................... 490 21.1.5 OOO Firma Radius-Service .............................................................................................................................. 490

21.2 Halliburton ........................................................................................................................................ 491 21.3 Weatherford (including former TNK-BP OFS assets) ...................................................................... 496

21.3.1 ZAO Nizhnevartovskburneft .............................................................................................................................. 500 21.3.2 ZAO Orenburgburneft ....................................................................................................................................... 501 21.3.3 OOO Chernogorservice (workover) .................................................................................................................. 502 21.3.4 OOO NPRS-1 (workover).................................................................................................................................. 503 21.3.5 OOO UKRS ....................................................................................................................................................... 503 21.3.6 Spetselizirovannoe Tamponazhnoe Upravlenie (Cementing) ............................................................................ 504 21.3.7 OOO Tekhinformservice and ZAO Neftemashvnedrenie ................................................................................... 504 21.4 Byelorussian UPNP and KRS ........................................................................................................................... 504

21.5 Baker Hughes (BHI) ......................................................................................................................... 505 21.5.1 BJ Services Company (acquired by Baker Hughes) .......................................................................................... 508 21.5.2 OOO Orenburgneftegeophysica ........................................................................................................................ 509




FSU energy markets

21.6 KCA Deutag Ltd. (Deutsche Tiefbohr-Aktiengesellschaft).............................................................. 510 21.7 C.A.T. oil .......................................................................................................................................... 513

21.7.1 OOO CATOBNEFT ........................................................................................................................................... 517 21.7.2 OOO CAToil Drilling ........................................................................................................................................ 520 21.7.3 OOO CATKoneft ............................................................................................................................................... 520 21.7.4 OOO CAToil-Leasing........................................................................................................................................ 521 21.7.5 OOO CAToil-GEODATA .................................................................................................................................. 522

21.8 Trican Well Service Ltd (Newco) ..................................................................................................... 522 21.9 CalFrac Well Services ...................................................................................................................... 526

22 Large independent Russian oilfield service companies.............................................................. 527

22.1 Eurasia Drilling Company Limited (EDC) (formerly LUKOIL-Drilling) ........................................ 528 22.1.1 OOO SGK (acquired in April 2011) .................................................................................................................. 533 22.1.2 OOO Kogalym Well Workover Division (OOO KWWD) .................................................................................. 536 22.1.3 OOO Urai Well Workover Division (OOO UWWD) ......................................................................................... 537 22.1.4 Samotlorskii Well Workover (ZAO SKRS transferred from Schlumberger) ...................................................... 537

22.2 OOO Gazprom-Burenie (divested by Gazprom in March 2011) ...................................................... 538 22.3 Integra Group of Companies ............................................................................................................ 542 22.4 ZAO SSK (or Sibirskaya Servisnaya Company) .............................................................................. 549 22.5 GEOTECH Holding (IG Seismic Services) ...................................................................................... 551

22.5.1 OAO Khantymansiyskgeophysica ...................................................................................................................... 555 22.5.2 OAO Integra-Geophysics and Azimuth Energy Services ................................................................................... 556 22.5.3 OAO Yeniseygeophysica ................................................................................................................................... 558 22.5.4 OAO CGE (Central Geophysical Expedition) ................................................................................................... 559 22.5.5 OAO Sibneftegeophysica (was not included in IGSS) ....................................................................................... 560 22.5.6 ZAO Agan-Burenie (divested in 2011) .............................................................................................................. 562

22.6 RU-Energy Group............................................................................................................................. 563 22.6.1 OOO Service Drilling Company ....................................................................................................................... 564 22.6.2 OOO KRS-Service ............................................................................................................................................. 566 22.6.3 ООО RU-Energy KRS-MG (OOO MEGION-SERVICE) .................................................................................. 567 22.6.4 OOO YamalServiceCenter ................................................................................................................................ 568 22.6.5 OOO Servisnaya Transportnaya Compania...................................................................................................... 568

22.7 Rimera (Chelyabinsky Pipe Factory) ................................................................................................ 569 22.7.1 ZAO Taimyrnefterazvedka................................................................................................................................. 569 22.7.2 OOO Yuganskneftegeophysica and OOO Tomskneftegasgeophysica ............................................................... 570

23 Other drilling and workover companies ..................................................................................... 571

23.1 OOO Orenburg Drilling Company ................................................................................................... 571 23.2 INVESTGEOSERVICE and Nova Energy Services LLC ............................................................... 572 23.3 Usinskgeoneft ................................................................................................................................... 575 23.4 OOO Neftserviceholding .................................................................................................................. 577

23.4.1 OOO Permnefteotdacha .................................................................................................................................... 578 23.5 OAO UPNP and KRS Samara .......................................................................................................... 579 23.6 OOO VNBK (Varyogan Oil Drilling Company) .............................................................................. 583 23.7 ZAO Samatlorneftepromkhim .......................................................................................................... 584 23.8 ZAO Ermakovskii PRS .................................................................................................................... 586 23.9 KOMIQUEST INTERNATIONAL ................................................................................................ 586 23.10 OOO Rusintegral Variegan Remont (former Variegan-Remont) ..................................................... 587 23.11 OOO Tomskburneftegaz ................................................................................................................... 588

23.11.1 ZAO SP MeKaMineft (sold by Slavneft in April 2011) ...................................................................................... 589 23.12 OJSC VTB Leasing .......................................................................................................................... 589 23.13 ERIELL Group ................................................................................................................................. 590

24 Large and medium wireline and seismic companies (Geophysical) ......................................... 592

24.1 OAO Bashneftegeophysica ............................................................................................................... 592




FSU energy markets

24.2 OAO Kogalymneftegeophysica ........................................................................................................ 594 24.3 OAO Nizhnevartovskneftegeophysica ............................................................................................. 595 24.4 OAO Saratovneftegeophysica .......................................................................................................... 596 24.5 OAO Samaraneftegeophysica ........................................................................................................... 597 24.6 OAO Stavropolneftegeophysica ....................................................................................................... 599 24.7 OAO Permneftegeophysica .............................................................................................................. 599 24.8 ZAO Polyarnaya Geophysical Expedition (OAO SibNATs)............................................................ 601 24.9 OAO Volgogradneftegeophysica ...................................................................................................... 601 24.10 ZAO Krasnoyarskgeophysica ........................................................................................................... 603 24.11 OAO Sevmorneftegeophysica (sea).................................................................................................. 604 24.12 OAO Dalmorneftegeophysica (sea) .................................................................................................. 606 24.13 FGUP Sevmorgeo (OAO Sevmorgeo) ............................................................................................. 606

25 Bankrupted OFS companies ........................................................................................................ 607

25.1 OOO L-Burenie (in bankruptcy proceedings) .................................................................................. 607 25.2 OOO UK Severnaya Expeditsia ....................................................................................................... 608

25.2.1 ZAO GRK Severnaya Expeditsiya (bankruptcy proceedings)............................................................................ 608 25.2.2 OOO Udmurtgeologiya-Buremie ...................................................................................................................... 609 25.2.3 OAO Neftegeologia ................................................................................................ Error! Bookmark not defined.

25.3 OOO Salymskaya Burovaya Kompania ........................................................................................... 610 25.4 OAO Oil Technology Overseas (OTO) ............................................................................................ 611

26 Production of key equipment in Russia ....................................................................................... 612

27 Drilling and workover rigs manufacturers ................................................................................. 617

27.1 Import of drilling rigs ....................................................................................................................... 619 27.2 OOO Uralmash NGO Holding (former ZAO URBO or Uralmash-BO) .......................................... 620

27.2.1 MK Uralmash (Oil and Gas division) ............................................................................................................... 622 27.3 OOO Volgograd Drilling Equipment Plant (acquired by RU Energy) ............................................. 623 27.4 ОАО Mobile Drilling Systems (Kungur) ......................................................................................... 624

28 Major manufacturers of ESP ....................................................................................................... 627

28.1 MC Borets (major share acquired by Weatherford).......................................................................... 628 28.1.1 OOO Borets ...................................................................................................................................................... 629 28.1.2 Lebedyan Machine-Building Factory (Lemaz) .................................................................................................. 630 28.1.3 OOO Lysvaneftemash ........................................................................................................................................ 631

28.2 OAO LIVGIDROMASH .................................................................................................................. 632 28.3 OAO ALNAS ................................................................................................................................... 632 28.4 ZAO Novomet-Perm and OOO Novomet-Service ........................................................................... 633

29 Rod pump systems......................................................................................................................... 635

29.1 OAO Izhneftemash (Rimera) ............................................................................................................ 636 29.2 Perm Oilfield Machinery Company .................................................................................................. 638 29.3 OAO Reduktor .................................................................................................................................. 639

30 Christmas tree producers ............................................................................................................. 640

30.1 OAO Korvet ..................................................................................................................................... 641 30.2 Yugokama (Yugo Kamsky Zavod) ................................................................................................... 642

31 Cementing unit producers ............................................................................................................ 643

31.1 Pervomayskkhimmash ...................................................................................................................... 643




FSU energy markets

LIST OF FIGURES AND TABLES

Figure 1-1. Map of regional structure used in the report ............................................................................................. 29 Figure 2-1. Regional structure of incremental oil production in Russia from 2010 to 2012 (mt) ................................ 33 Figure 2-2. Regional structure of incremental oil production in Russia from 2008 to 2010 (mt) ................................ 34 Figure 2-3. Regional structure of incremental oil production in Russia in 2003-2012 (mt) ........................................ 34 Figure 2-4. Oil production by key companies in Russia and apparent share of the state in 2000 ................................ 35 Figure 2-5. Oil production by key companies in Russia and apparent state share in 2013 .......................................... 35 Figure 2-6. Crude oil production and production drilling in Russia in 1990-2012 ...................................................... 37 Figure 2-7. Oil production and production drilling in Russia and global oil prices, 1990-2012 ................................. 37 Figure 2-8. Russian GDP and apparent income from oil industry in 2001-2012 ......................................................... 38 Figure 2-9. Russian budget revenues from oil and gas in 2008-2012 (bln USD) ........................................................ 39 Table 2-10. Russian budget in 2008-2012 and planned for 2013 (billion rubles)........................................................ 39 Table 2-11. Crude oil Export Duty formulas for various price ranges ........................................................................ 42 Table 2-12. Changes to Export Duty calculations in September 2008 ........................................................................ 43 Figure 2-13. Export duties for October 2008- April 2013 ($ per ton) ........................................................................ 43 Figure 2-14. Results of export taxation for an oil company in April 2008-March 2011 ............................................. 44 Figure 2-15. Rosneft’s revenue structure in 2008-2010 (% of total) ........................................................................... 45 Figure 2-16. Average Export Duty of Rosneft in 2008-20010 and average Export Duty for crude and petroleum

products in 2009 and 2010 ($ bbl) ...................................................................................................................... 46 Figure 2-17. Urals prices from February 2009 – April 2013 (average monthly in $ bbl) ............................................ 47 Figure 2-18. Urals prices and discount to Brent in 2007- August 2011 (average monthly in $ bbl and in % to Brent)

............................................................................................................................................................................ 47 Table 2-19. Crude and condensate production in Russian in 2000-2012 (million tons) .............................................. 48 Figure 2-20. Dynamics of oil production in 1992-2012 (% vs. previous year) ........................................................... 48 Figure 2-21 Average daily oil production in Russia in 2002- April 2013 (average per month in thousands tons per day)

............................................................................................................................................................................ 48 Table 2-22. Gas production in Russia in 2000-2012 (bcm) ......................................................................................... 49 Figure 2-23. Gas production in Russia by Gazprom and other producers in 2002- 2012 (billions of cubic meters) ... 50 Figure 2-24. Average daily gas production in Russia in 2003- April 2013 (average daily per month in mcm) ................ 50 Figure 2-25. Balance of oil distribution in Russia in 2002-2012 (millions of tons) .................................................... 51 Figure 2-26. Balance* of gas distribution in Russia, 2007-2012 (billions of cubic meters) ........................................ 52 Figure 3-1. Drilling footage in Russia by type in 2001-2012 (thousands of meters) ................................................... 53 Figure 3-2. Drilling footage in for crude oil and gas Russia by type in 2001-2011 (thousands of meters) ................. 53 Figure 3-3. Development drilling footage in key regions in 2002-2012 (thousands of meters) .................................. 54 Figure 3-4. Prospecting and exploratory drilling in 2001-2012 (thousands of meters) ............................................... 54 Figure 3-5. Daily exploration drilling in 2002- December 2012 (thousand meters a day in a month) ........................ 55 Figure 3-6. Exploration drilling in key regions in 2002-2012 (thousands of meters) .................................................. 56 Figure 3-7. Effect of production drilling in Russia per 1,000 meters of drilling for crude in 2000-2012 .................... 56 Figure 3-8. Estimated daily flow of new oil wells in Russia in 2000-2012 (tons per day) .......................................... 57 Figure 3-9. Additional production from production drilling and intensification methods in Russia, 2004-2012

(thousands tons) .................................................................................................................................................. 58 Figure 3-10. Decline of additional production from intensification methods in 2005-2012 (% to previous year) ...... 58 Figure 3-11. Daily production and daily drilling footage in 2002-2012 (left scale in thousand tons a day and right

hand scale in thousand meters a day in a month) ................................................................................................ 59 Figure 3-12. Daily development drilling footage by month in 2002- 2012 (thousand meters per day in a month) ..... 59 Table 3-13. Dynamics of daily development drilling in Russia by month in 2002- 2012 (thousand meters per day and

in % to the same month year earlier) .................................................................................................................. 60 Figure 3-14. Horizontal drilling in Russia in 2001-2012 (thousands of meters) ......................................................... 60 Figure 3-15. Horizontal wells completions in Russia in 2001-2012 (wells) ................................................................ 61




FSU energy markets

Figure 3-16. Volumes of well servicing/well workovers in Russia in 2001-2012 (thousand operations) ................... 61 Figure 3-17. Operations of well servicing/well workover share in Russia in 2001-2012 (%) ..................................... 62 Figure 3-18. Coverage of the total producing wells stock with well servicing/well workover operations in Russia in

2001-2012 (thousands of wells) .......................................................................................................................... 62 Figure 3-19. The coverage of producing well stock with well servicing/well workover operations in Russia in 2001-

2012 (thousands of wells) ................................................................................................................................... 63 Figure 3-20 Well servicing operations by key companies with high reduction rates in 2001-2012 (thousands of

operations) .......................................................................................................................................................... 64 Figure 3-21 Well servicing operations by ESP and Rod Pumps in 2007- 2012 (thousands of operations) ................. 64 Figure 3-22. Market size of well servicing/workovers in 2001-2012 (thousand crew-hours) ..................................... 65 Figure 3-23. Market size in millions of hours (the right-hand side index line) and the average duration of light

workovers (the left-hand side index line) in Russia in 2001-2012 (crew-hours) ................................................ 65 Figure 3-24. Market size in million hours (right-hand side index line) and the average duration (the left-hand side

index line) of heavy workovers in Russia in 2001-2012 (crew-hours) ............................................................... 66 Figure 3-25. Number of well servicing/well workover crews in Russia in 2001-2012 ............................................... 66 Figure 3-26. Operations per 1 well-servicing and well-workover crew in 2001-2012 (operations per crew per year)67 Figure 3-27. Thousand hours a year per well servicing and workover crew in 2001-2012 ......................................... 67 Figure 3-28. Apparent utilization of well servicing/workover crews in 2001-2012 (%) ............................................. 68 Figure 3-29. Incremental production from activities of well servicing/well workover and the contribution of the

activities to additional production, 2004-2012 (thousands of tons) .................................................................... 68 Figure 3-30. Number of operations of production intensification in Russia in 2004-2012 (thousands of operations) 69 Figure 3-31. Number of hydraulic fracturing operations in existing well stock in Russia in 2004-2012 (jobs-left

handError! Bookmark not defined. Figure 3-32. Additional production from hydro fracs operations in existing well stock in Russia in 2004-2012 (mln.

tons) .................................................................................................................................................................... 70 Figure 3-33. Number of well bore stimulations and their effectiveness in Russia in 2001-2012 (# of jobs on the left

scale and incremental tons a day on the right) .................................................................................................... 71 Figure 3-34. Number of well bore stimulations in key regions of Russia in 8 quarters of 2008-2009 (jobs) .............. 71 Figure 3-35. Number and incremental daily flow from artificial lift optimization operations in Russia in 2001-2012

............................................................................................................................................................................ 72 Figure 3-36. Water injection total and ton of crude in Russia in 2000-2012 (mln cubic meters) ................................ 72 Figure 3-37. Active injection wells stock and water injection per injection well in Russia in 2001-2012 (wells and

‘000 cm per well) ................................................................................................................................................ 73 Figure 3-38 3D and 2D seismic activity in 2002-2012 ............................................................................................... 73 Figure 3-39 3D and 2D seismic onshore activity in 2005-2012E ............................................................................... 74 Figure 3-40 3D and 2D seismic onshore activity in 2005-2012 (thousand shot points) ............................................. 74 Figure 3-41 3D and 2D seismic activity by Rosneft in 2005-2012 (brown vs. green field) ....................................... 75 Figure 3-42 Stratigraphic drilling and 2D seismic financed by the Federal Government in 2004-2012 .................... 75 Figure 3-43 2D seismic by the largest customers in 2005-2012 ................................................................................. 76 Figure 3-44 3D seismic by the largest customers in 2005-2012 ................................................................................. 76 Figure 4-1 Oilfield services market structure by key segments in 2012 ...................................................................... 78 Table 4-2 Market shares of key segments in 2003-2012 (%) ...................................................................................... 79 Figure 4-3 Oilfield services market dynamics in 2003-2012 (millions of US dollars) ................................................ 80 Figure 4-4 Input of key segments in incremental market decline in 2008-2009 ($ mln) ............................................. 81 Figure 4-5 Input of key segments in incremental market gain in 2010-2012 ($ mln) ................................................. 82 Figure 4-6 Average annual growth in key industry segments in 2003-2008 and 2008-2012 (%) ............................... 83 Table 4-7 Market segments summary in Russia in 2003-2012 ($ millions) ................................................................ 84 Figure 4-8 Urals price, ruble exchange rate (average monthly) and apparent oilfield services costs per ton of

production in 2008, 2010 and 3 month 2011 ...................................................................................................... 86 Figure 4-9 Exchange rate and inflation forecast for 2008-2018 (rubles per $ and % per annum) ............................... 87 Figure 4-10 Price indices to 2010 levels in rubles and US dollars for local basic services (2010=100) ..................... 88




FSU energy markets

Figure 4-11 Market forecast for 208-2018 denominated in rubles and dollars (billions) ............................................ 88 Figure 4-12 Forecast of the oil field services market segments in Russia in 2013-2018 (nominal $ millions) ........... 89 Figure 4-13 Incremental market by segments by 2018 from 2012 ($ bln and share of the increment) ....................... 89 Figure 4-14 Annual average growth in different segments of the market in 2012-2018 in % ............................................... 90 Table 4-15 Market forecasted size by key segments in Russia in 2013-2018 in mln USD ......................................... 90 Figure 4-16 Contractual land drilling market development in 2003-2012 (millions of US dollars) ............................ 91 Figure 4-17 Forecasted drilling segments in Russia in 2013-2018 (millions USD) .................................................... 92 Figure 4-18 Rig mobilization and assembly in 2003-2011 (millions of US dollars) ................................................... 93 Figure 4-19 Forecast of rig mobilization and assembly segment development in Russia in 2013-2018 (millions USD)

............................................................................................................................................................................ 93 Figure 4-20 Drill bits and drill bit program supervising in 2003-2012 (millions of US dollars) ................................. 94 Figure 4-21 Forecast of drill bit and bit supervising segment development in Russia in 2013-2018 (millions USD) 95 Figure 4-22 Turbines, servicing and supervising in 2003-2012 (millions of US dollars) ............................................ 96 Figure 4-23 Forecast of turbine segment development in Russia in 2013-2018 (millions USD) ................................ 97 Figure 4-24 Drilling fluids market development in 2003-2012 (millions of US dollars) ............................................ 98 Figure 4-25 Forecast of drilling fluids market development in Russia in 2013-2018 (millions USD) ........................ 98 Figure 4-26 MWD/LWD segment size in 2003-2012 (millions of US dollars) ........................................................... 99 Figure 4-27 Directional Drilling segment size in 2003-2012 (millions of US dollars) ............................................. 100 Figure 4-28 Forecast of MWD/LWD segment development in Russia in 2013-2018 (millions USD) ..................... 101 Figure 4-29 Directional Drilling segment size in 2013-2018 (millions of US dollars) ............................................. 101 Figure 4-30 Pressure pumping market in 2003-2012 (millions of US dollars) .......................................................... 102 Figure 4-31 Forecast of pressure pumping market in Russia in 2013-2018 (millions USD) ..................................... 103 Figure 4-32 Cementing segment development in 2003-2012 (millions of US dollars) ............................................. 104 Figure 4-33 Forecast of cementing sub segment development in Russia in 2013-2018 (millions USD) .................. 105 Figure 4-34 Hydro fracturing market development in 2003-2012 (millions of US dollars) ...................................... 106 Figure 4-35 Forecast of hydro fracturing sub segment in Russia in 2013-2018 (millions USD) .............................. 107 Figure 4-36 Coiled tubing segment in 2003-2012 (millions of US dollars) .............................................................. 107 Figure 4-37 Forecast of coiled tubing sub segment in Russia in 2013-2018 (millions USD).................................... 108 Figure 4-38 Wireline segment of Russian OFS market in 2003-2012 (millions of US dollars) ................................ 109 Figure 4-39 Wireline market in Russia in 2013-2018 (millions USD) ...................................................................... 110 Figure 4-40 Open hole logging in 2003-2012 (millions of US dollars) ..................................................................... 111 Figure 4-41 Open hole logging market in Russia in 2013-2018 (millions USD) ...................................................... 111 Figure 4-42 Cased hole logging in 2003-2012 (millions of US dollars) .................................................................... 112 Figure 4-43 Cased hole logging market in Russia in 2013-2018 (millions USD) ..................................................... 113 Figure 4-44 Perforation segment development in 2003-2012 (millions of US dollars) ............................................. 113 Figure 4-45 Forecast of perforation segment development in Russia in 2013-2018 (millions USD) ........................ 114 Figure 4-46 Well servicing and workover market development in 2003-2012 (millions of US dollars) ................... 115 Figure 4-47 Forecast of well service/workover segment development in Russia in 2013-2018 (millions USD) ...... 115 Figure 4-48 Well workover market development in 2003-2012 (millions of US dollars) ......................................... 116 Figure 4-49 Forecast of well workover segment development in Russia in 2013-2018 (millions USD) .................. 117 Figure 4-50 Well servicing market development in 2003-2012 (millions of US dollars) ......................................... 118 Figure 4-51 Forecast of well service segment development in Russia in 2013-2018 (millions USD) ...................... 119 Figure 4-52 Completion services market development in 2003-2012 (millions of US dollars) ................................ 119 Figure 4-53 Forecast of completion market in Russia in 2013-2018 (millions USD) ............................................... 120 Figure 4-54 Sidetracking market estimates in 2003-2012 (millions of US dollars) .................................................. 121 Figure 4-55 Forecast of sidetracking segment development in Russia in 2013-2018 (millions USD) ...................... 122 Figure 4-56 Seismic market development in 2003-2012 (millions of US dollars) .................................................... 123 Figure 4-57 Forecast of seismic market in Russia in 2013-2018 (millions USD) ..................................................... 124 Figure 4-58 Artificial Lift (ALS) segment development in 2003-2012 (millions of US dollars) .............................. 124 Figure 4-59 Forecast of ALS segment development in Russia in 2013-2018 (millions USD) .................................. 125 Figure 4-60 Regional structure of oilfield service market in 2003-2012 (%) ............................................................ 126




FSU energy markets

Figure 4-61 Regional structure of oilfield service market in 2003-2012 (billions USD) .......................................... 126 Figure 4-62 Market forecast by the major regions in 2013-2018 (billions USD) ...................................................... 127 Figure 4-63 Forecasted shares of the market of the major regions in 2013-2018 (%) ............................................... 127 Figure 4-64 Oil field services expenses in $ per ton of production (left hand scale) and per barrel (right hand scale)

in 2003-2018 ..................................................................................................................................................... 128 Figure 4-65 Estimated market of oilfield services equipment (mln USD) ................................................................ 129 Figure 5-1 Forecast of crude oil production in Russia by key regions in 2013-2018 (mln tons) ............................... 131 Figure 5-2 Incremental production by key regions in millions tons till 2018 (2012 base year) ................................ 131 Figure 5-3 Estimated decline rate of the base production in key regions in 2004 and 2012 (%) ............................... 132 Figure 5-4 Forecast of sources of production sustainability in Russia in 2013-2018 (mln tons) ............................... 133 Figure 5-5 Forecast of development drilling in Russia by key regions in 2013-2018 (mln meters) .......................... 133 Figure 5-6 Forecast of the average flow rate of new wells in 2013-2018 (tons per day) ........................................... 134 Figure 5-7 Horizontal and vertical/ deviated drilling footage in 2013-2018 (mln meters) ........................................ 134 Figure 5-8 forecast of producing stock in Russia by key region in 2013-2018 ......................................................... 135 Figure 5-9 Forecast of servicing/workover in Russia in 2013-2018 .......................................................................... 135 Figure 5-10 Forecast of well servicing jobs in Russia by key region in 2013-2018 (thousand jobs) ........................ 136 Figure 5-11 Forecast of workovers in Russia by key region in 2013-2018 (thousand jobs)...................................... 136 Figure 5-12 Forecast of hydraulic fracturing in Russia in 2013-2018 (thousand jobs) ............................................. 137 Figure 5-13 Forecast of the number and daily flow rates of fracturing in Russia in 2013-2018 ............................... 137 Figure 5-14 Forecast of the number and daily flow rates of sidetracking in Russia in 2013-2018 ............................ 138 Figure 5-15 Forecast of well bore stimulation jobs by key regions in Russia in 2013-2018 ..................................... 138 Figure 5-16 forecast of ALS optimization jobs by key regions in Russia in 2013-2018 ........................................... 139 Figure 5-17 Forecast of the effectiveness from artificial lift optimization and well bore stimulation in 2012-2018

(tons a day per job) ........................................................................................................................................... 139 Figure 5-18 Forecast of seismic activity in Russia in 2013-2018 (thousand km for 2 D and thousand sq. km for 3D)

.......................................................................................................................................................................... 140 Figure 5-19 Forecast of the growth in the number of drill crews in 2013-2018 ........................................................ 140 Figure 5-20 Forecast of drilling rigs stock in 2013-2018 .......................................................................................... 141 Figure 5-21 Estimated number of active drilling rigs January 2010- December 2012 (average in a month) ............ 141 Figure 5-22 Russian rig fleet by age in 2012 (%) ...................................................................................................... 142 Figure 5-23 Forecast of drill rigs procurement in 2013-2018 .................................................................................... 142 Figure 5-24 Forecast of the growth in well-servicing and workover crews in 2013-2018 ........................................ 143 Figure 5-25 Forecast of the needs for workover rigs in 2013-2018 ........................................................................... 143 Figure 5-26 Forecast of producing wells with ESP Systems and ESP Systems sales in 2013-2018 ......................... 144 Figure 5-27 Forecast of need in wellhead and Christmas tree fittings in 2013-2018 ................................................ 144 Figure 6-1. Oil production by key producing regions in 2002-2012 (millions of tons) ............................................. 146 Table 6-2. Incremental production by region in 2012 to 2011 .................................................................................. 146 Figure 6-3. Regional shares in key oilfield activities in 2012 (% of footage or # of jobs) ........................................ 147 Figure 6-4. Development drilling in key regions in Russia in 2002-2012 (thousands of meters) ............................. 148 Figure 6-5. Regional share in development drilling in 2002-2012 (as % of total)..................................................... 149 Figure 6-6. Daily flows of new production wells estimates by key region in 2002, 2005 and 2010-2012 (tons/day)

.......................................................................................................................................................................... 149 Figure 6-7. Production wells completions in key regions in 2002-2012 ................................................................... 150 Figure 6-8. Horizontal drilling by region in 2002-2012 (thousand meters) ............................................................... 150 Figure 6-9. Well servicing and workover jobs by key region in 2002-2012 (thousand jobs) .................................... 151 Figure 6-10. Production wells by region in 2002-2012 (‘000 wells) ......................................................................... 152 Table 6-11. Coverage of production wells with workovers and well services in 2004-2012 (as % of production

wells)................................................................................................................................................................. 152 Figure 6-12. Regional distribution of hydraulic fracturing of the existing well stock 2004-2012 (‘000 jobs) .......... 152 Table 7-1. Largest oil fields in KhMAD and estimated production from these fields ............................................... 153 Figure 7-2. Oil production in KhMAD by company in 2001-2012 (million tons) .................................................... 155




FSU energy markets

Table 7-3. Oil companies share in production in KhMAD in 2012, growth rates to previous period and CAGR (%)

.......................................................................................................................................................................... 155 Figure 7-4. Base production and effectiveness of key activities in KhMAD in 2004-2012 (thousands of tons) ....... 156 Figure 7-5. Development drilling in KhMAD by Company in 2001-2012 (thousands of meters) ............................ 157 Table 7-6. Oil companies share in development drilling in KhMAD in 2012 and growth rates to previous period and

CAGR (%) ........................................................................................................................................................ 157 Figure 7-7. New production wells completed in KhMAD in 2001-2012 (wells) ...................................................... 158 Table 7-8. Oil companies share in new wells completed in KhMAD in 2012 and growth rates to previous period and

CAGR (%) ........................................................................................................................................................ 158 Figure 7-9. Estimates of daily flow rates from new wells and average depths in KhMAD in 2001-2012 ................ 159 Figure 7-10. Horizontal drilling in KhMAD by company in 2001-2012 (thousands of meters) ............................... 160 Figure 7-11. Exploration drilling in KhMAD by company in 2001-2012 (thousands of meters) .............................. 161 Figure 7-12. Production well stock and injection well stock in 2001-2012 ............................................................... 161 Figure 7-13. Active wells in the production well stock in KhMAD in 2001-2012 (%) ............................................. 162 Figure 7-14. Well servicing operations jobs in KhMAD in 2001-2012..................................................................... 162 Table 7-15. Oil companies share in well servicing in KhMAD in 2012 and growth rates to previous period and

CAGR (%) ........................................................................................................................................................ 163 Figure 7-16. Well workover jobs in KhMAD by company in 2001-2012 (operations) ............................................. 163 Table 7-17. Oil companies share in well workover in KhMAD in 2012, growth rates to previous period and CAGR

(%) .................................................................................................................................................................... 164 Figure 7-18. Artificial lift optimization operations in KhMAD by company in 2001-2012 (jobs) ........................... 165 Table 7-19. Oil companies share in artificial lift optimization in KhMAD in 2012 and growth rates to previous

period and CAGR (%) ...................................................................................................................................... 165 Figure 7-20. Effectiveness of artificial lift optimization activities in KhMAD in 2001-2012 (incremental flow rate—

tons per day)...................................................................................................................................................... 165 Figure 7-21. Well bore stimulation operations in KhMAD by company in 2001-2012 (operations) ........................ 166 Table 7-22. Oil companies share in well bore stimulation in KhMAD in 2012 and growth rates to previous period

and CAGR in 2001-2012 (%) ........................................................................................................................... 166 Figure 7-23. Effectiveness of bottom-hole zone treatment activities in KhMAD in 2001-2012 (flow rate- tons per

day) ................................................................................................................................................................... 167 Figure 7-24. Number of hydraulic fracturing in KhMAD by company in 2004-2012 (jobs) .................................... 167 Table 7-25. Oil companies share in fracs operations in KhMAD in 2011 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 168 Figure 7-26. Effectiveness of hydraulic fracturing activities in KhMAD in 2004-2012 (tons per day per operation)

.......................................................................................................................................................................... 168 Figure 7-27. Water injection in KhMAD by company in 2001-2012 (millions of cubic meters) .............................. 169 Table 7-28. Oil companies share in water injection in KhMAD in 2010 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 169 Figure 7-29. Water injection per ton of production in KhMAD in 2001-2012 (tons of water per ton of oil) ............ 170 Figure 7-30 KhMAD share in the Russian OFS market in 2012 ............................................................................... 170 Figure 7-31 Oilfield services market structure by key segments in KhMAD in 2012 ............................................... 171 Figure 7-32 Oilfield services market development in KhMAD in 2003-2012 (millions of US dollars) ................... 171 Figure 7-33 Contractual land drilling market development in KhMAD in 2003-2012 (millions of US dollars) ....... 172 Figure 7-34 Rig mobilization and assembly in KhMAD in 2003-2012 (millions of US dollars) .............................. 172 Figure 7-35 Drill bits and drill bit program supervising in KhMAD in 2003-2012 (millions of US dollars) ............ 173 Figure 7-36 Turbines, servicing and supervising in KhMAD in 2003-2012 (millions of US dollars) ...................... 173 Figure 7-37 Drilling fluids market development in KhMAD in 2003-2012 (millions of US dollars) ....................... 174 Figure 7-38 MWD/LWD segment size in KhMAD in 2003-2012 (millions of US dollars) ..................................... 174 Figure 7-39 Directional Drilling segment size in KhMAD 2003-2012 (millions of US dollars) .............................. 175 Figure 7-40 Pressure pumping market in KhMAD in 2003-2012 (millions of US dollars) ...................................... 175 Figure 7-41 Cementing segment development in KhMAD in 2003-2012 (millions of US dollars) .......................... 176




FSU energy markets

Figure 7-42 Hydro fracturing market development in KhMAD in 2003-2012 (millions of US dollars) ................... 176 Figure 7-43 Coiled tubing segment in KhMAD in 2003-2012 (millions of US dollars) ........................................... 177 Figure 7-44 Wireline segment of Russian OFS market in KhMAD in 2003-2012 (millions of US dollars) ............. 177 Figure 7-45 Open hole logging in KhMAD in 2003-2012 (millions of US dollars).................................................. 178 Figure 7-46 Cased hole logging in KhMAD in 2003-2012 (millions of US dollars) ................................................ 178 Figure 7-47 Perforation segment development in KhMAD in 2003-2012 (millions of US dollars) ......................... 179 Figure 7-48 Well servicing and workover market development in KhMAD in 2003-2012 (millions of US dollars)179 Figure 7-49 Completion services market development in KhMAD in 2003-2012 (millions of US dollars) ............. 180 Figure 7-50 Sidetracking market estimates in KhMAD in 2003-2012 (millions of US dollars) ............................... 180 Figure 7-51 Seismic market development in KhMAD in 2003-2012 (millions of US dollars) ................................. 181 Figure 7-52 Artificial Lift (ALS) segment development in KhMAD in 2003-2012 (millions of US dollars) ........... 181 Figure 7-53 Forecast of the oil field services market segments in KhMAD in 2013-2018 (nominal $ millions) ...... 182 Table 7-54 Market forecasted size by key segments in KhMAD in 2013-2018 in mln USD .................................... 182 Figure 7-55 Oil field services expenses in KhMAD $ per ton of production (left hand scale) and per barrel (right

hand scale) in 2003-2018 .................................................................................................................................. 183 Figure 7-56 KhMAD OFS costs per ton of production as percentage of Russia average in 2003-2018 ................... 183 Table 8-1. Largest oil fields in YaNAD and estimated production from these fields ................................................ 184 Figure 8-2. Production of natural gas in YaNAD and other regions of Russia in 2003-2012 (bcm) ......................... 185 Figure 8-3. Production of crude oil and gas condensate in YaNAD by Company in 2001-2012 (million tons) ....... 186 Table 8-4. Oil companies share in production in YaNAD in 2011 and growth rates to previous period and CAGR in

2001-2012 (%) .................................................................................................................................................. 186 Figure 8-5. Base production and effectiveness of key activities in YaNAD in 2004-2012 (thousands of tons) ........ 187 Figure 8-6. Development drilling in YaNAD by company in 2001-2012 (thousands of meters) .............................. 188 Table 8-7. Oil companies share in development drilling in YaNAD in 2011 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 188 Figure 8-8. Wells completion in YaNAD by company in 2001-2012 (units) ............................................................ 188 Table 8-9. Oil companies’ wells completed in YaNAD in 2011 and growth rates to previous period and CAGR in

2001-2012 (%) .................................................................................................................................................. 189 Figure 8-10. Estimates of flow rates from new wells and average depths in YaNAD in 2001-2012 ........................ 189 Figure 8-11. Horizontal drilling in YaNAD by company in 2001-2012 (units) ........................................................ 190 Figure 8-12. Exploration drilling in YaNAD by company in 2001-2012 (thousands of meters) .............................. 190 Figure 8-13. Production and injection well stock in YaNAD in 2001-2012 (wells).................................................. 191 Figure 8-14. Producing wells and operational water injection wells versus total production wells in YaNAD in 2001-

2012 (%) ........................................................................................................................................................... 191 Figure 8-15. Well-servicing jobs in YaNAD by company in 2001-2012 (number of operations) ............................ 192 Table 8-16. Oil companies share in well servicing in YaNAD in 2012 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 192 Figure 8-17. Well-workover jobs in YaNAD by company in 2001-2012 (operations) ............................................. 193 Table 8-18. Oil companies share in well workovers in YaNAD in 2012 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 193 Figure 8-19. Artificial lift optimization jobs in YaNAD by company in 2001-2012 (units) ..................................... 194 Figure 8-20. Effectiveness of artificial lift optimization activities in YaNAD in 2001-2012 (incremental daily flow

rate- tons per day) ............................................................................................................................................. 195 Figure 8-21. Well bore stimulations in YaNAD by company in 2001-2012 (operations) ......................................... 195 Figure 8-22. Effectiveness of well bore stimulation activities in YaNAD in 2001-2012 (incremental daily flow rate-

tons per day per operation) ............................................................................................................................... 196 Figure 8-23. Number of hydraulic fracturing jobs in YaNAD by company in 2004-2012 (units) ............................ 196 Figure 8-24. Effectiveness of hydraulic fracturing activities at existing wells in YaNAD in 2004-2012 (flow rate-

tons per day)...................................................................................................................................................... 197 Figure 8-25. Water injection in YaNAD by company in 2001-2012 (thousands of cubic meters) ............................ 197 Figure 8-26. Water injection per ton of production in YaNAD, 2001-2012 (tons of water per ton of oil) ................ 198




FSU energy markets

Figure 8-27 YaNAD share in the Russian OFS market in 2012 ................................................................................ 198 Figure 8-28 Oilfield services market structure by key segments in YaNAD in 2012 ................................................ 199 Figure 8-29 Oilfield services market development in YaNAD in 2003-2012 (millions of US dollars) .................... 199 Figure 8-30 Contractual land drilling market development in YaNAD in 2003-2012 (millions of US dollars) ....... 200 Figure 8-31 Rig mobilization and assembly in YaNAD in 2003-2012 (millions of US dollars) ............................... 200 Figure 8-32 Drill bits and drill bit program supervising in YaNAD in 2003-2012 (millions of US dollars) ............ 201 Figure 8-33 Turbines, servicing and supervising in YaNAD in 2003-2012 (millions of US dollars) ....................... 201 Figure 8-34 Drilling fluids market development in YaNAD in 2003-2012 (millions of US dollars) ........................ 202 Figure 8-35 MWD/LWD segment size in YaNAD in 2003-2012 (millions of US dollars) ...................................... 202 Figure 8-36 Directional Drilling segment size in YaNAD 2003-2012 (millions of US dollars) .............................. 203 Figure 8-37 Pressure pumping market in YaNAD in 2003-2012 (millions of US dollars) ....................................... 203 Figure 8-38 Cementing segment development in YaNAD in 2003-2012 (millions of US dollars) ........................... 204 Figure 8-39 Hydro fracturing market development in YaNAD in 2003-2012 (millions of US dollars) .................... 204 Figure 8-40 Coiled tubing segment in YaNAD in 2003-2012 (millions of US dollars) ............................................ 205 Figure 8-41 Wireline segment of Russian OFS market in YaNAD in 2003-2012 (millions of US dollars) .............. 205 Figure 8-42 Open hole logging in YaNAD in 2003-2012 (millions of US dollars) .................................................. 206 Figure 8-43 Cased hole logging in YaNAD in 2003-2012 (millions of US dollars) ................................................. 207 Figure 8-44 Perforation segment development in YaNAD in 2003-2012 (millions of US dollars) .......................... 207 Figure 8-45 Well servicing and workover market development in YaNAD in 2003-2012 (millions of US dollars) 208 Figure 8-46 Sidetracking market estimates in YaNAD in 2003-2012 (millions of US dollars) ................................ 208 Figure 8-47 Seismic market development in YaNAD in 2003-2012 (millions of US dollars) ................................. 209 Figure 8-48 Artificial Lift (ALS) segment development in YaNAD in 2003-2012 (millions of US dollars) ............ 209 Figure 8-49 Forecast of the oil field services market segments in YaNAD in 2013-2018 (nominal $ millions) ...... 210 Table 8-50 Market forecasted size by key segments in YaNAD in 2013-2018 in mln USD..................................... 210 Figure 8-51 Oil field services expenses in YaNAD $ per ton of production (left hand scale) and per barrel (right

hand scale) in 2003-2018 .................................................................................................................................. 211 Figure 8-52 Crude production from old and new fields forecast in YaNAD 2020 .................................................... 211 Figure 8-53 YaNAD OFS costs per ton of production as percentage of Russia average in 2003-2018 .................... 212 Table 9-1. Largest oil fields in Tomsk, south Tyumen and other regions of West Siberia and estimated production

from these fields in 2009 ................................................................................................................................... 213 Figure 9-2. Production of crude oil and gas condensate in South Tyumen, Tomsk and other West Siberia by

Company in 2001-2012 (thousands of tons) ..................................................................................................... 214 Table 9-3. Oil companies share in production in Other West Siberia in 2012 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 214 Figure 9-4. Base production and effectiveness of key activities in Other West Siberia in 2004-2012 (thousands of

tons) .................................................................................................................................................................. 215 Figure 9-5. Development drilling in Other West Siberia by company in 2001-2012 (thousands of meters) ............. 215 Table 9-6. Oil companies share in development drilling in Other West Siberia in 2012 and growth rates to previous

period and CAGR in 2001-2012 (%) ................................................................................................................ 215 Figure 9-7. Wells completion in Other West Siberia by company in 2001-2012 (units) ........................................... 216 Table 9-8. Oil companies’ wells completed in Other West Siberia in 2012 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 216 Figure 9-9. Estimates of flow rates from new wells and average depths in Other West Siberia in 2001-2012 ......... 216 Figure 9-10. Horizontal drilling in Other West Siberia by company in 2001-2012 (units) ....................................... 217 Figure 9-11. Exploration drilling in Other West Siberia by company in 2001-2012 (thousands of meters) ............. 218 Figure 9-12. Production and injection well stock in Other West Siberia in 2001-2012 (wells) ................................ 218 Figure 9-13. Producing wells and operational water injection wells versus total production wells in Other West

Siberia in 2001-2012 (%) .................................................................................................................................. 219 Figure 9-14. Well-servicing jobs in Other West Siberia by company in 2001-2012 (number of operations) ........... 219 Table 9-15. Oil companies share in well servicing in Other West Siberia in 2012 and growth rates to previous period

and CAGR in 2001-2012 (%) ........................................................................................................................... 220




FSU energy markets

Figure 9-16. Well-workover jobs in YaNAD by major company in 2001-2012 (operations) ................................... 220 Figure 9-17. Artificial lift optimization jobs in Other West Siberia by company in 2001-2012 (units) .................... 221 Figure 9-18. Effectiveness of artificial lift optimization activities in Other West Siberia in 2001-2012 (incremental

daily flow rate- tons per day) ............................................................................................................................ 221 Figure 9-19. Well bore stimulations in Other West Siberia by company in 2001-2012 (operations) ........................ 222 Figure 9-20. Effectiveness of well bore stimulation activities in Other West Siberia in 2001-2012 (incremental daily

flow rate- tons per day per operation) ............................................................................................................... 222 Figure 9-21. Number of hydraulic fracturing jobs in Other West Siberia by company in 2004-2012 (units) ........... 223 Figure 9-22. Effectiveness of hydraulic fracturing activities at existing wells in Other West Siberia in 2004-2012

(flow rate- tons per day) .................................................................................................................................... 223 Figure 9-23. Water injection in Other West Siberia by company in 2001-2012 (thousands of cubic meters) ........... 224 Figure 9-24. Water injection per ton of production in Other West Siberia, 2001-2012 (tons of water per ton of oil)

.......................................................................................................................................................................... 224 Figure 9-25 South Tyumen, Tomsk and Other WS share in the Russian OFS market in 2012 ................................. 225 Figure 9-26 Oilfield services market structure by key segments in South Tyumen, Tomsk and Other WS in 2011 . 225 Figure 9-27 Oilfield services market development in South Tyumen, Tomsk and Other WS in 2003-2012 (millions

of US dollars) .................................................................................................................................................... 226 Figure 9-28 Contractual land drilling market development in South Tyumen, Tomsk and Other WS in 2003-2012

(millions of US dollars) .................................................................................................................................... 226 Figure 9-29 Rig mobilization and assembly in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of US

dollars) .............................................................................................................................................................. 227 Figure 9-30 Drill bits and drill bit program supervising in South Tyumen, Tomsk and Other WS in 2003-2012

(millions of US dollars) .................................................................................................................................... 227 Figure 9-31 Turbines, servicing and supervising in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of

US dollars) ........................................................................................................................................................ 228 Figure 9-32 Drilling fluids market development in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of

US dollars) ........................................................................................................................................................ 228 Figure 9-33 MWD/LWD segment size in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of US

dollars) .............................................................................................................................................................. 229 Figure 9-34 Directional Drilling segment size in South Tyumen, Tomsk and Other WS 2003-2012 (millions of US

dollars) .............................................................................................................................................................. 229 Figure 9-35 Pressure pumping market in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of US

dollars) .............................................................................................................................................................. 230 Figure 9-36 Cementing segment development in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of

US dollars) ........................................................................................................................................................ 230 Figure 9-37 Hydro fracturing market development in South Tyumen, Tomsk and Other WS in 2003-2012 (millions

of US dollars) .................................................................................................................................................... 231 Figure 9-38 Coiled tubing segment in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of US dollars)

.......................................................................................................................................................................... 231 Figure 9-39 Wireline segment of Russian OFS market in South Tyumen, Tomsk and Other WS in 2003-2012

(millions of US dollars) .................................................................................................................................... 232 Figure 9-40 Open hole logging in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of US dollars) ... 232 Figure 9-41 Cased hole logging in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of US dollars) .. 233 Figure 9-42 Perforation segment development in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of

US dollars) ........................................................................................................................................................ 233 Figure 9-43 Well servicing and workover market development in South Tyumen, Tomsk and Other WS in 2003-

2012 (millions of US dollars) ........................................................................................................................... 234 Figure 9-44 Sidetracking market estimates in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of US

dollars) .............................................................................................................................................................. 234 Figure 9-45 Seismic market development in South Tyumen, Tomsk and Other WS in 2003-2012 (millions of US

dollars) .............................................................................................................................................................. 235




FSU energy markets

Figure 9-46 Artificial Lift (ALS) segment development in South Tyumen, Tomsk and Other WS in 2003-2012

(millions of US dollars) .................................................................................................................................... 235 Figure 9-47 Forecast of the oil field services market segments in South Tyumen, Tomsk and Other WS in 2013-2018

(nominal $ millions) .......................................................................................................................................... 236 Table 9-48 Market forecasted size by key segments in South Tyumen, Tomsk and Other WS in 2013-2018 in mln

USD .................................................................................................................................................................. 236 Figure 9-49 Oil field services expenses in South Tyumen, Tomsk and Other WS $ per ton of production (left hand

scale) and per barrel (right hand scale) in 2003-2018 ....................................................................................... 237 Figure 9-50 Crude production from old and new fields forecast in YaNAD 2020 .................................................... 237 Figure 9-51 South Tyumen, Tomsk and Other WS OFS costs per ton of production as percentage of Russia average

in 2003-2018 ..................................................................................................................................................... 237 Table 10-1. Largest oil fields in Volga-Urals and estimated production from these fields ....................................... 239 Figure 10-2. Oil and gas condensate production in the Volga-Urals region by company in 2001-2012 (thousands of

tons) .................................................................................................................................................................. 240 Table 10-3. Oil companies share in crude oil production in Volga-Urals in 2012 and growth rates to previous period

and CAGR in 2001-2012 (%) ........................................................................................................................... 240 Figure 10-4. Base production and effectiveness of key activities in Volga-Urals in 2004-2012 (thousands of tons)241 Figure 10-5. Development drilling in the Volga-Urals region by company in 2001-2012 (thousands of meters) .... 242 Table 10-6. Oil companies share in development drilling in Volga-Urals in 2012 and growth rates to previous period

and CAGR in 2001-2012 (%) ........................................................................................................................... 242 Figure 10-7. Completion of new production wells in the Volga-Urals region by company in 2001-2012 (units) .... 243 Table 10-8. Oil companies share in new wells completed in Volga-Urals in 2010 and growth rates to previous period

and CAGR in 2001-2011 (%) ........................................................................................................................... 243 Figure 10-9. Estimates of flow rates from new wells and average depths in the Volga-Urals region in 2001-2012 . 244 Figure 10-10. Horizontal drilling in the Volga-Urals region by company in 2001-2012 (thousand meters) ............. 244 Figure 10-11. Exploration drilling in the Volga-Urals region by company, 2001-2012 (thousands of meters) ........ 245 Figure 10-12. Operating well stock in the Volga-Urals region in 2001-2012 ........................................................... 246 Figure 10-13. Active wells share in the Volga-Urals region in 2001-2012 (units) .................................................... 246 Figure 10-14. Well-servicing in the Volga-Urals region by company in 2001-2012 (servicing – number of

operations) ........................................................................................................................................................ 247 Table 10-15. Oil companies share in well servicing in Volga-Urals in 2012 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 247 Figure 10-16. Well-workover jobs in the Volga-Urals region in 2001-2012 ............................................................. 248 Table 10-17. Oil companies share in workovers in Volga-Urals in 2011 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 248 Figure 10-18. Artificial lift optimization in the Volga-Urals region by company in 2001-2012 (operations)........... 249 Table 10-19. Oil companies share in artificial lift optimization in Volga-Urals in 2012 and growth rates to previous

period and CAGR in 2001-2012 (%) ................................................................................................................ 249 Figure 10-20. Effectiveness of artificial lift optimization activities in the Volga-Urals region in 2001-2012

(incremental flow rate- tons per day per operations) ........................................................................................ 250 Figure 10-21. Well bore stimulation in the Volga-Urals region by company in 2001-2012 (operations) ................. 250 Table 10-22. Oil companies share in well bore stimulation in Volga-Urals in 2012 and growth rates to previous

period and CAGR in 2001-2012 (%) ................................................................................................................ 250 Figure 10-23. Effectiveness of well bore stimulations in the Volga-Urals region in 2001-2012 (incremental flow

rates—tons per day per operation) .................................................................................................................... 251 Figure 10-24. Number of hydraulic fracturing jobs in the Volga-Urals region by company in 2004-2012 (number of

operations) ........................................................................................................................................................ 251 Table 10-25. Oil companies share in fracs in Volga-Urals in 2012 and growth rates to previous period and CAGR in

2001-2012 (%) .................................................................................................................................................. 252 Figure 10-26. Effectiveness of fracturing activities in the Volga-Urals region in 2004-2012 (incremental flow rate-

tons per day per operation) ............................................................................................................................... 252




FSU energy markets

Figure 10-27. Effectiveness of hydraulic fracturing activities by key company in the Volga-Urals region in 2006-

2012 (incremental flow rate - tons per day) ...................................................................................................... 253 Figure 10-28. Water injection in the Volga-Urals region by company in 2001-2012 (millions of cubic meters) ..... 253 Table 10-29. Oil companies share in water injection in Volga-Urals in 2012 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 254 Figure 10-30. Water injection per ton of production in the Volga-Urals region in 2001-2012 (tons of water per ton of

oil) ..................................................................................................................................................................... 254 Figure 10-31 Volga-Urals share in the Russian OFS market in 2003 and 2012 ........................................................ 255 Figure 10-32 Oilfield services market structure by key segments in Volga-Urals in 2012 ....................................... 255 Figure 10-33 Oilfield services market development in Volga-Urals in 2003-2012 (millions of US dollars) ............ 256 Figure 10-34 Contractual land drilling market development in Volga-Urals in 2003-2012 (millions of US dollars)

.......................................................................................................................................................................... 256 Figure 10-35 Rig mobilization and assembly in Volga-Urals in 2003-2012 (millions of US dollars) ...................... 257 Figure 10-36 Drill bits and drill bit program supervising in Volga-Urals in 2003-2012 (millions of US dollars) .... 257 Figure 10-37 Turbines, servicing and supervising in Volga-Urals in 2003-2012 (millions of US dollars) ............... 258 Figure 10-38 Drilling fluids market development in Volga-Urals in 2003-2012 (millions of US dollars) ............... 258 Figure 10-39 MWD/LWD segment size in Volga-Urals in 2003-2012 (millions of US dollars) .............................. 259 Figure 10-40 Directional Drilling segment size in Volga-Urals 2003-2012 (millions of US dollars) ....................... 259 Figure 10-41 Pressure pumping market in Volga-Urals in 2003-2012 (millions of US dollars) ............................... 260 Figure 10-42 Cementing segment development in Volga-Urals in 2003-2012 (millions of US dollars) .................. 260 Figure 10-43 Hydro fracturing market development in Volga-Urals in 2003-2012 (millions of US dollars) ........... 261 Figure 10-44 Coiled tubing segment in Volga-Urals in 2003-2012 (millions of US dollars) .................................... 261 Figure 10-45 Wireline segment of Russian OFS market in Volga-Urals in 2003-2012 (millions of US dollars) ..... 262 Figure 10-46 Open hole logging in Volga-Urals in 2003-2012 (millions of US dollars) .......................................... 262 Figure 10-47 Cased hole logging in Volga-Urals in 2003-2012 (millions of US dollars) ......................................... 263 Figure 10-48 Perforation segment development in Volga-Urals in 2003-2012 (millions of US dollars) .................. 263 Figure 10-49 Well servicing and workover market development in Volga-Urals in 2003-2012 (millions of US

dollars) .............................................................................................................................................................. 264 Figure 10-50 Sidetracking market estimates in Volga-Urals in 2003-2012 (millions of US dollars) ........................ 264 Figure 10-51 Seismic market development in Volga-Urals in 2003-2012 (millions of US dollars) ......................... 265 Figure 10-52 Artificial Lift (ALS) segment development in Volga-Urals in 2003-2012 (millions of US dollars) ... 265 Figure 10-53 Forecast of the oil field services market segments in Volga-Urals in 2013-2018 (nominal $ millions)

.......................................................................................................................................................................... 266 Table 10-54 Market forecasted size by key segments in Volga-Urals in 2013-2018 in mln USD ............................ 266 Figure 10-55 Oil field services expenses in Volga-Urals $ per ton of production (left hand scale) and per barrel (right

hand scale) in 2003-2018 .................................................................................................................................. 267 Figure 10-56 Volga-Urals OFS costs per ton of production as percentage of Russia average in 2003-2018 ............ 267 Table 11-1. Largest oil fields in Timan-Pechora and estimated production from these fields .................................. 268 Figure 11-2. Oil and gas condensate production* in Timan-Pechora by company in 2001-2012 (thousands of tons)

.......................................................................................................................................................................... 269 Table 11-3. Oil companies share in production in Timan-Pechora in 2011 and growth rates to previous period and

CAGR in 2001-2012 (%) .................................................................................................................................. 269 Figure 11-4. Base production in Timan-Pechora and effectiveness of key activities in 2001-2012 (thousands of tons)

.......................................................................................................................................................................... 270 Figure 11-5. Development drilling in Timan-Pechora by company in 2001-2012 (thousands of meters) ................. 270 Table 11-6. Oil companies share in development drilling in Timan-Pechora in 2012 and growth rates to previous

period and CAGR in 2001-2012 (%) ................................................................................................................ 271 Figure 11-7. New production wells completion in Timan-Pechora by company in 2001-2012 ................................ 271 Table 11-8. Oil companies share in production wells completions in Timan-Pechora in 2011 and growth rates to

previous period and CAGR in 2001-2012 (%) ................................................................................................. 271 Figure 11-9. Estimates of daily flow rates from new wells and average depths in Timan-Pechora in 2001-2012 .... 272




FSU energy markets

Figure 11-10. Horizontal drilling in Timan-Pechora by company in 2001-2012 (thousand meters) ......................... 272 Figure 11-11. Exploration drilling in Timan-Pechora by company in 2001-2012 (thousands of meters) ................. 273 Figure 11-12. Production well stock and water injection wells stock in Timan-Pechora in 2001-2012 .................... 273 Figure 11-13. Active wells as % of total production wells in Timan-Pechora in 2001-2012 (%) ............................. 274 Figure 11-14. Active wells per company in Timan-Pechora in 2010 (% of total) ..................................................... 274 Figure 11-15. Well-servicing jobs in Timan-Pechora by company in 2001-2012 (jobs) ........................................... 275 Table 11-16. Oil companies share in well servicing in Timan-Pechora in 2012 and growth rates to previous period

and CAGR in 2001-2012 (%) ........................................................................................................................... 275 Figure 11-17. Workover jobs in Timan-Pechora by company in 2001-2012 ............................................................ 276 Figure 11-18. Artificial lift optimization jobs in Timan-Pechora by company in 2001-2012 ................................... 276 Figure 11-19. Effectiveness of artificial lift optimization activities in Timan-Pechora in 2001-2012 (incremental

flow rate- tons per day per operation) ............................................................................................................... 277 Figure 11-20. Well bore stimulations in Timan-Pechora by company in 2001-2012 (operations) ............................ 277 Table 11-21. Oil companies share in well bore stimulations in Timan-Pechora in 2012 and growth rates to previous

period and CAGR in 2001-2012 (%) ................................................................................................................ 277 Figure 11-22. Effectiveness of well bore stimulation activities in Timan-Pechora in 2001-2012 (flow rate- tons per

day) ................................................................................................................................................................... 278 Figure 11-23. Hydraulic fracturing jobs in existing wells in Timan-Pechora by company in 2004-2012 (operations)

.......................................................................................................................................................................... 278 Figure 11-24. Effectiveness of hydraulic fracturing activities in Timan-Pechora in 2004-2012 (incremental flow rate-

tons per day per operation) ............................................................................................................................... 279 Figure 11-25. Water injection in Timan-Pechora by company in 2002-2012 (thousands of cubic meters) ............... 279 Figure 11-26. Water injection per ton of production in Timan-Pechora in 2002-2012 (tons of water per ton of oil)280 Figure 11-27 Timan-Pechora share in the Russian OFS market in 2003 and 2012 ................................................... 281 Figure 11-28 Oilfield services market structure by key segments in Timan-Pechora in 2012 .................................. 281 Figure 11-29 Oilfield services market development in Timan-Pechora in 2003-2012 (millions of US dollars) ....... 282 Figure 11-30 Contractual land drilling market development in Timan-Pechora in 2003-2012 (millions of US dollars)

.......................................................................................................................................................................... 282 Figure 11-31 Rig mobilization and assembly in Timan-Pechora in 2003-2012 (millions of US dollars) ................. 283 Figure 11-32 Drill bits and drill bit program supervising in Timan-Pechora in 2003-2012 (millions of US dollars)283 Figure 11-33 Turbines, servicing and supervising in Timan-Pechora in 2003-2012 (millions of US dollars) .......... 284 Figure 11-34 Drilling fluids market development in Timan-Pechora in 2003-2012 (millions of US dollars) ........... 284 Figure 11-35 MWD/LWD segment size in Timan-Pechora in 2003-2012 (millions of US dollars) ......................... 285 Figure 11-36 Directional Drilling segment size in Timan-Pechora 2003-2012 (millions of US dollars) .................. 285 Figure 11-37 Pressure pumping market in Timan-Pechora in 2003-2012 (millions of US dollars) .......................... 286 Figure 11-38 Cementing segment development in Timan-Pechora in 2003-2012 (millions of US dollars) .............. 286 Figure 11-39 Hydro fracturing market development in Timan-Pechora in 2003-2012 (millions of US dollars) ...... 287 Figure 11-40 Wireline segment of Russian OFS market in Timan-Pechora in 2003-2012 (millions of US dollars) 287 Figure 11-41 Open hole logging in Timan-Pechora in 2003-2012 (millions of US dollars) ..................................... 288 Figure 11-42 Cased hole logging in Timan-Pechora in 2003-2012 (millions of US dollars) .................................... 288 Figure 11-43 Perforation segment development in Timan-Pechora in 2003-2012 (millions of US dollars) ............. 289 Figure 11-44 Well servicing and workover market development in Timan-Pechora in 2003-2012 (millions of US

dollars) .............................................................................................................................................................. 289 Figure 11-45 Sidetracking market estimates in Timan-Pechora in 2003-2012 (millions of US dollars) ................... 290 Figure 11-46 Seismic market development in Timan-Pechora in 2003-2012 (millions of US dollars) ..................... 290 Figure 11-47 Artificial Lift (ALS) segment development in Timan-Pechora in 2003-2012 (millions of US dollars)

.......................................................................................................................................................................... 291 Figure 11-48 Forecast of the oil field services market segments in Timan-Pechora in 2013-2018 (nominal $ millions)

.......................................................................................................................................................................... 291 Table 11-49 Market forecasted size by key segments in Timan-Pechora in 2013-2018 in mln USD ....................... 292




FSU energy markets

Figure 11-50 Oil field services expenses in Timan-Pechora $ per ton of production (left hand scale) and per barrel

(right hand scale) in 2003-2018 ........................................................................................................................ 292 Figure 11-51 Timan-Pechora forecasted production from old and new fields in 2011-2020 (mln tons) ................... 293 Figure 11-52 Timan-Pechora OFS costs per ton of production as percentage of Russia average in 2003-2018 ....... 293 Table 12-1. Largest oil fields in East Siberia and estimated production from these fields in 2010 ........................... 295 Figure 12-2. Oil production in Eastern Siberia by company in 2001-2012 (thousands of tons) ................................ 296 Figure 12-3. Development drilling footage in Eastern Siberia by company in 2005-2012 (thousands of tons) ........ 296 Figure 12-4. Exploration drilling footage in Eastern Siberia by company in 2005-2012 (thousands of tons) ........... 297 Figure 12-5. Production wells completions in East Siberia in 2001-2012 ................................................................. 297 Figure 12-6. Incremental production in East Siberia from new wells in 2010-2012 (thousand tons)........................ 298 Figure 12-7. Production wells by key players in East Siberia in 2012 ...................................................................... 298 Figure 12-8. Wellbore stimulation jobs in East Siberia by company in 2010-2012 (jobs) ........................................ 299 Figure 12-9. Fracturing jobs in East Siberia by company in 2010-2012 (jobs) ......................................................... 299 Figure 12-10. Water injection in East Siberia by company in 2009-2012 (thousand tons) ....................................... 300 Figure 12-11 East Siberia share in the Russian OFS market in 2012 ........................................................................ 300 Figure 12-12 Oilfield services market structure by key segments in East Siberia in 2012 ........................................ 301 Figure 12-13 Oilfield services market development in East Siberia in 2003-2012 (millions of US dollars)............. 301 Figure 12-14 Contractual land drilling market development in East Siberia in 2003-2012 (millions of US dollars)302 Figure 12-15 Rig mobilization and assembly in East Siberia in 2003-2012 (millions of US dollars) ....................... 302 Figure 12-16 Drill bits and drill bit program supervising in East Siberia in 2003-2012 (millions of US dollars) ..... 303 Figure 12-17 Turbines, servicing and supervising in East Siberia in 2003-2012 (millions of US dollars) ............... 303 Figure 12-18 Drilling fluids market development in East Siberia in 2003-2012 (millions of US dollars) ................ 304 Figure 12-19 MWD/LWD segment size in East Siberia in 2003-2012 (millions of US dollars) .............................. 304 Figure 12-20 Directional Drilling segment size in East Siberia 2003-2011 (millions of US dollars) ....................... 305 Figure 12-21 Pressure pumping market in East Siberia in 2003-2012 (millions of US dollars)................................ 305 Figure 12-22 Cementing segment development in East Siberia in 2003-2012 (millions of US dollars) ................... 306 Figure 12-23 Wireline segment of Russian OFS market in East Siberia in 2003-2012 (millions of US dollars) ...... 306 Figure 12-24 Open hole logging in East Siberia in 2003-2012 (millions of US dollars) ........................................... 307 Figure 12-25 Cased hole logging in East Siberia in 2003-2012 (millions of US dollars) ......................................... 307 Figure 12-26 Seismic market development in East Siberia in 2003-2012 (millions of US dollars) .......................... 308 Figure 12-27 Forecast of the oil field services market segments in East Siberia in 2013-2018 (nominal $ millions)

.......................................................................................................................................................................... 308 Table 12-28 Market forecasted size by key segments in East Siberia in 2013-2018 in mln USD ............................. 309 Figure 12-29 Oil field services expenses in East Siberia $ per ton of production (left hand scale) and per barrel (right

hand scale) in 2003-2018 .................................................................................................................................. 309 Figure 12-30 East Siberia OFS costs per ton of production as percentage of Russia average in 2009-2018 ............. 310 Table 13-1. Largest oil fields in Far East and estimated production from these fields .............................................. 312 Figure 13-2. Oil production in the Far East by company in 2001-2012 (thousands of tons) ..................................... 312 Figure 13-3. Base production and reported activities in Far East in 2001-2012 (thousands of tons) ........................ 313 Figure 13-4. Development drilling footage in the Far East by company in 2001-2012 (thousands of meters) ......... 313 Figure 13-5. Commissioning of new production wells in the Far East by company in 2001-2012 (units) ................ 314 Figure 13-6. Production and injection well stock in the Far East in 2001-2012 ........................................................ 316 Figure 13-7. Active wells as %age of the total operating well stock in the Far East in 2001-2012 (%) .................... 316 Figure 13-8. Well-servicing jobs in the Far East by company in 2001-2012 ............................................................ 317 Figure 13-9. Well-workover jobs in the Far East by company in 2001-2012 ............................................................ 317 Figure 13-10. Artificial lift optimization jobs in the Far East by company in 2001-2012 ......................................... 318 Figure 13-11. Effectiveness of artificial lift optimization activities in the Far East in 2001-2012 (flow rate- tons/day)

.......................................................................................................................................................................... 319 Figure 13-12. Bottom-hole zone treatment jobs in the Far East by company in 2001-2012 ..................................... 319 Figure 13-13. Effectiveness of bottom-hole zone treatment activities in the Far East in 2001-2012 (incremental flow

rate- tons/day) ................................................................................................................................................... 320




FSU energy markets

Figure 13-14. Water injection in the Far East by company in 2001-2012 (thousands of cubic meters) .................... 320 Figure 13-15. Water injection per ton of production in the Far East by Rosneft and Sakhalin II in 2005-2012 (tons of

water per ton of oil)........................................................................................................................................... 321 Table 13-16 Sakhalin I and Sakhalin II budgets in 2010- 2011 ................................................................................. 321 Figure 13-17 Sakhalin share in the Russian OFS market in 2011 ............................................................................. 322 Figure 13-18 Oilfield services market structure by key segments in Sakhalin in 2012 ............................................. 322 Figure 13-19 Oilfield services market development in Sakhalin in 2003-2012 (millions of US dollars) .................. 323 Figure 13-20 Contractual land drilling market development in Sakhalin in 2003-2012 (millions of US dollars) ..... 323 Figure 13-21 Drill bits and drill bit program supervising in Sakhalin in 2003-2012 (millions of US dollars) .......... 324 Figure 13-22 Drilling fluids market development in Sakhalin in 2003-2012 (millions of US dollars) ..................... 324 Figure 13-23 MWD/LWD segment size in Sakhalin in 2003-2012 (millions of US dollars) .................................... 325 Figure 13-24 Directional Drilling segment size in Sakhalin 2003-2012 (millions of US dollars) ............................. 325 Figure 13-25 Pressure pumping market in Sakhalin in 2003-2012 (millions of US dollars) ..................................... 326 Figure 13-26 Cementing segment development in Sakhalin in 2003-2012 (millions of US dollars) ........................ 326 Figure 13-27 Coiled tubing segment in Sakhalin in 2003-2012 (millions of US dollars) ......................................... 327 Figure 13-28 Wireline segment of Russian OFS market in Sakhalin in 2003-2012 (millions of US dollars) ........... 327 Figure 13-29 Open hole logging in Sakhalin in 2003-2012 (millions of US dollars) ................................................ 328 Figure 13-30 Cased hole logging in Sakhalin in 2003-2011 (millions of US dollars) ............................................... 328 Figure 13-31 Perforation in Sakhalin in 2003-2012 (millions of US dollars) ........................................................... 329 Figure 13-32 Well servicing and workover market development in Sakhalin in 2003-2012 (millions of US dollars)

.......................................................................................................................................................................... 329 Figure 13-33 Artificial Lift (ALS) segment development in Sakhalin in 2003-2012 (millions of US dollars) ......... 330 Figure 13-34 Forecast of the oil field services market segments in Sakhalin in 2013-2018 (nominal $ millions) .... 330 Table 13-35 Market forecasted size by key segments in Sakhalin in 2013-2018 in mln USD .................................. 331 Figure 13-36 Oil field services expenses in Sakhalin $ per ton of production (left hand scale) and per barrel (right

hand scale) in 2003-2018 .................................................................................................................................. 331 Figure 13-37 Sakhalin OFS costs per ton of production as percentage of Russia average in 2003-2018 .................. 331 Table 14-1. Largest oil fields in North Caucasus and estimated production from these fields .................................. 332 Figure 14-2. Oil production in the North Caucasus by company in 2001-2012 (thousands of tons) ......................... 333 Figure 14-3. Base production and effect from key activities in 2001-2012 (thousands of tons) ............................... 333 Figure 14-4. Development drilling in the North Caucasus by Rosneft in 2001-2012 (thousands of meters) ............ 334 Figure 14-5. New production wells completions in the North Caucasus by Rosneft in 2001-2012 .......................... 334 Figure 14-6. Estimates of flow rates from new wells and average depths in the North Caucasus, 2001-2012 ......... 335 Figure 14-7. Exploration drilling in the North Caucasus by Rosneft in 2001-2012 (thousands of meters) ............... 335 Figure 14-8. Total operating well stock in the North Caucasus in 2001-2012 .......................................................... 336 Figure 14-9. Active wells as % of the total operating well stock in the North Caucasus (%) ................................... 336 Figure 14-10. Well-servicing jobs in the North Caucasus by company in 2001-2012 .............................................. 337 Figure 14-11. Number of workover operations in the North Caucasus by company in 2001-2012 .......................... 337 Figure 14-12. Artificial lift optimization jobs in the North Caucasus by company in 2001-2012 (units) ................. 338 Figure 14-13. Effectiveness of artificial lift optimization activities in the North Caucasus in 2001-2012 (flow rate-

tons per day)...................................................................................................................................................... 339 Figure 14-14. Well bore stimulations jobs in the North Caucasus by company in 2001-2012 .................................. 339 Figure 14-15. Effectiveness of well bore stimulation activities in the North Caucasus in 2001-2012 (incremental

flow rate- tons per day) ..................................................................................................................................... 340 Figure 14-16. Number of hydraulic fracturing jobs in the North Caucasus by company in 2004-2012 (units) ......... 340 Figure 14-17. Effectiveness of hydraulic fracturing activities in the North Caucasus in 2004-2012 (incremental flow

rate- tons per day per operation) ....................................................................................................................... 341 Figure 14-18. Water injection in the North Caucasus by company in 2001-2012 (thousands of cubic meters) ........ 341 Figure 14-19. Water injection per ton of production in the North Caucasus in 2001-2012 (tons of water per ton of

oil) ..................................................................................................................................................................... 342 Figure 14-20 Caucasus share in the Russian OFS market in 2012 ............................................................................ 342




FSU energy markets

Figure 14-21 Oilfield services market structure by key segments in Caucasus in 2012 ............................................ 343 Figure 14-22 Oilfield services market development in Caucasus in 2003-2012 (millions of US dollars) ................. 343 Figure 14-23 Contractual land drilling market development in Caucasus in 2003-2012 (millions of US dollars) .... 344 Figure 14-24 Rig transport and assembly in Caucasus in 2003-2011 (millions of US dollars) ................................. 344 Figure 14-25 Drill bits and drill bit program supervising in Caucasus in 2003-2012 (millions of US dollars) ......... 344 Figure 14-26 Drilling fluids market development in Caucasus in 2003-2012 (millions of US dollars) .................... 345 Figure 14-27 Pressure pumping market in Caucasus in 2003-2012 (millions of US dollars) .................................... 345 Figure 14-28 Cementing segment development in Caucasus in 2003-2012 (millions of US dollars) ....................... 346 Figure 14-29 Wireline segment of Russian OFS market in Caucasus in 2003-2012 (millions of US dollars) .......... 346 Figure 14-30 Sidetracking in Caucasus in 2003-2012 (millions of US dollars) ........................................................ 347 Figure 14-31 Well servicing and workover market development in Caucasus in 2003-2012 (millions of US dollars)

.......................................................................................................................................................................... 347 Figure 14-32 Artificial Lift (ALS) segment development in Caucasus in 2003-2012 (millions of US dollars) ........ 348 Figure 14-33 Forecast of the oil field services market segments in Caucasus in 2013-2018 (nominal $ millions) ... 348 Figure 14-34 Oil field services expenses in Caucasus $ per ton of production (left hand scale) and per barrel (right

hand scale) in 2003-2018 .................................................................................................................................. 349 Figure 15-1 Natural Gas share in the Russian OFS market in 2012 .......................................................................... 350 Figure 15-2 Oilfield services market structure by key segments in Natural Gas in 2012 .......................................... 351 Figure 15-3 Oilfield services market development in Natural Gas in 2003-2012 (millions of US dollars)............... 351 Figure 15-4 Contractual land drilling market development in Natural Gas in 2003-2012 (millions of US dollars) .. 352 Figure 15-5 Rig mobilization and assembly in Natural Gas in 2003-2012 (millions of US dollars) ......................... 352 Figure 15-6 Drill bits and drill bit program supervising in Natural Gas in 2003-2012 (millions of US dollars) ....... 353 Figure 15-7 Turbines, servicing and supervising in Natural Gas in 2003-2012 (millions of US dollars) ................. 353 Figure 15-8 Drilling fluids market development in Natural Gas in 2003-2012 (millions of US dollars) .................. 354 Figure 15-9 MWD/LWD segment size in Natural Gas in 2003-2012 (millions of US dollars) ................................ 354 Figure 15-10 Directional Drilling segment size in Natural Gas 2003-2012 (millions of US dollars) ....................... 355 Figure 15-11 Pressure pumping market in Natural Gas in 2003-2012 (millions of US dollars)................................ 355 Figure 15-12 Wireline segment of Russian OFS market in Natural Gas in 2003-2012 (millions of US dollars) ...... 356 Figure 15-13 Open hole logging in Natural Gas in 2003-2012 (millions of US dollars) ........................................... 356 Figure 15-14 Cased hole logging in Natural Gas in 2003-2012 (millions of US dollars) ......................................... 357 Figure 15-15 Well servicing and workover market development in Natural Gas in 2003-2012 (millions of US

dollars) .............................................................................................................................................................. 357 Figure 15-16 Seismic market development in Natural Gas in 2003-2012 (millions of US dollars) .......................... 358 Figure 15-17 Forecast of the oil field services market segments in Natural Gas in 2013-2018 (nominal $ millions)

.......................................................................................................................................................................... 358 Table 15-18 Market forecasted size by key segments in Natural Gas in 2013-2018 in mln USD ............................. 359 Figure 15-19 Oil field services expenses in Natural Gas $ per TOE (left hand scale) and per barrel (right hand scale)

in 2003-2018 ..................................................................................................................................................... 359 Figure 15-20 Forecast of the oil field services market segments in Caspian offshore in 2009-2018 (nominal $

millions) ............................................................................................................................................................ 360 Table 15-21 Market forecasted size by key segments in Caspian offshore in 2013-2018 in mln USD ..................... 360 Figure 16-1. Oil production by VIOCs and other types of producers in Russia in 2001-2012 (millions of tons per year) 361 Figure 16-2. Growth in production by VIOCs and other types of producers in Russia (2001=100%) ............................ 362 Figure 16-3. Shares of oil companies in crude oil and condensate production in 2001-2012 ................................... 362 Figure 16-4. Shares of oil companies in development drilling in 2001-2012 ............................................................ 363 Figure 16-5. Shares of oil companies in exploration drilling in 2001-2012 .............................................................. 363 Figure 16-6. Shares of oil companies in producing (active) well stock in 2001-2012 ............................................... 364 Figure 16-7. Shares of oil companies in well servicing operations in 2001-2012 ..................................................... 364 Figure 16-8. Shares of oil companies in workover operations in 2001-2012 ............................................................ 365 Figure 16-9. Shares of oil companies in artificial lift optimizations in 2001-2012 ................................................... 365 Figure 16-10. Shares of oil companies in well bore stimulations in 2001-2012 ........................................................ 366




FSU energy markets

Figure 16-11. Shares of oil companies in hydraulic fracturing at old wells in 2004-2012 ........................................ 366 Figure 16-12. Shares of oil companies in water injection in 2001-2012 ................................................................... 367 Figure 16-13. Rosneft’s oil production 2001- 2012 as per the company report (mln tons) ....................................... 368 Table 16-14. Summary of production activities of Rosneft in 2005-2012................................................................. 368 Figure 16-15. Production from existing Rosneft assets by region in 2001- 2012 (mln of tons) ................................ 369 Figure 16-16. Development drilling footage by Rosneft by region in 2001-2012 (thousands of meters) ................. 369 Figure 16-17. Well servicing crew hours by region in Rosneft in 2001-2012 (thousand hours) ............................... 370 Figure 16-18. Workover crew hours by region in Rosneft in 2001-2012 (thousand hours) ...................................... 370 Figure 16-19. Estimated daily flows from various activities by key Rosneft regions in 2012 (tons a day of

incremental flow) .............................................................................................................................................. 371 Figure 16-20. 2D and 3D Seismic in Rosneft in 2005 - 2012 .................................................................................... 371 Figure 16-21. Main financial indices of Rosneft adjusted per 1 ton of produced oil 2001-2012 (US GAAP and IFRS

$/t) ..................................................................................................................................................................... 372 Table 16-22. Revenue, net income and CAPEX of Rosneft in 2004-2012 (millions of US dollars) ......................... 372 Figure 16-23. Rosneft’s drilling and equipment costs in 2001-2012 (millions of US dollars) ............................................. 373 Figure 16-24. TNK-BP oil production 2003- 2011 as reported by the company (mln tons) ..................................... 374 Table 16-25. Summary indices of production activity of TNK-BP in 2005-2012 .................................................... 374 Figure 16-26. TNK-BP oil production by region in Russia in 2001-2012 (million tons) .......................................... 375 Figure 16-27. Development drilling by TNK-BP by region in 2001-2012 (thousands of meters) ............................ 375 Figure 16-28. Well servicing crew hours by region in TNK-BP in 2001-2012 (thousand hours) ............................. 376 Figure 16-29. Workover crew hours by region in TNK-BP in 2001-2012 (Thousand hours) ................................... 376 Figure 16-30. Estimated daily flows from various activities by key TNK-BP regions in 2012 (tons a day of

incremental production) .................................................................................................................................... 377 Figure 16-31 2D and 3D seismic in TNK-BP in 2007-2012* ................................................................................... 378 Figure 16-32. Key financial indices of TNK-BP* per 1 ton of oil in 2003-2012 ...................................................... 378 Table 16-33. Revenue, net profit and CAPEX of TNK-BP in 2004-2012 (millions of US dollars) .......................... 378 Figure 16-34. TNK-BP's drilling and equipment expenses in 2001-2012 (millions of US dollars) .................................... 379 Figure 16-35. LUKOIL oil production 2001- 2012 (million tons) ............................................................................ 379 Table 16-36. LUKOIL production activity in 2005-2012 .......................................................................................... 380 Figure 16-37. LUKOIL's oil production by region in Russia in 2001-2012 (thousands of tons)............................... 381 Figure 16-38. Development drilling by LUKOIL by region in 2001-2012 (thousands of meters) ............................ 382 Figure 16-39. Well servicing crew hours by region in LUKOIL in 2001-2012 (thousand hours) ............................. 382 Figure 16-40. Workover crew hours by region in LUKOIL in 2001-2012 (thousand hours) .................................... 383 Figure 16-41. Estimated daily flows from various activities by key LUKOIL regions in 2012 (tons a day) ............ 383 Figure 16-42. Reported seismic exploratory works, carried out by LUKOIL in 2002-2012 ..................................... 384 Figure 16-43. Key financial indices of LUKOIL in 2001-2012 per 1 ton of oil produced (US GAAP $/t) .............. 384 Table 16-44. Revenue, net profit and CAPEX of LUKOIL in 2003-2012 (millions of US dollars) ......................... 384 Figure 16-45. Reported drilling and equipment expenses of LUKOIL in 2001-2012 (millions of US dollars) ........ 385 Figure 16-46. Surgutneftegas oil production 2001- 2012 (million tons) ................................................................... 386 Table 16-47. Summary production activity of Surgutneftegas in 2005-2012 ............................................................ 386 Figure 16-48. Surgutneftegas oil production by region in Russia in 2001-2012 (thousands of tons) ........................ 387 Figure 16-49. Development drilling by Surgutneftegas by region in 2001-2012 (thousands of meters) ................... 387 Figure 16-50. Well servicing crew hours by region in Surgutneftegas in 2001-2012 (thousand hours) .................... 388 Figure 16-51. Workover crew hours by region in Surgutneftegas in 2001-2012 (‘000 hours) .................................. 388 Figure 16-52. Estimated daily flows from various activities by key Surgutneftegas regions in 2012 (tons a day) ... 389 Figure 16-53. Reported seismic exploratory works, carried out by Surgutneftegas in 2005-2012 ............................ 389 Figure 16-54. Main financial indices of Surgutneftegas in 2001-2012 per 1 ton of produced oil ............................. 390 Table 16-55. Key financial* indices of Surgutneftegas in 2004-2012 (millions of US dollars) ................................ 390 Figure 16-56. Drilling and equipment expenses of Surgutneftegas in 2001-2012 (millions of US dollars) .............. 391 Figure 16-57. Gazpromneft oil production 2001- 2012 (mln tons) ........................................................................... 391 Table 16-58. Summary indices of production activity of Gazpromneft in 2005-2012 .............................................. 392




FSU energy markets

Figure 16-59. Gazpromneft oil production by region in 2001-2012 (million tons) ................................................... 393 Figure 16-60. Development drilling by Gazpromneft by region in 2001-2012 (thousands of meters) ...................... 393 Figure 16-61. Well servicing crew hours by region in Gazpromneft in 2001-2012 (thousand hours) ...................... 394 Figure 16-62. Workover crew hours by region in Gazpromneft in 2001-2012 (thousand hours) .............................. 394 Figure 16-63. Estimated daily flows from various activities by key Gazpromneft regions in 2012 (tons a day) ...... 395 Figure 16-64. Reported seismic exploratory works, carried out by Gazpromneft in 2002-2012 ............................... 395 Figure 16-65. Main financial indices of Gazpromneft in 2006-2012 per 1 ton of produced oil ................................ 396 Table 16-66. Main financial* indices of Gazpromneft in 2004-2012 (millions of US dollars) ................................. 396 Figure 16-67. Gazpromneft – NNG drilling and equipment expenses in 2001-2012 (millions of US dollars) .................... 396 Figure 16-68. Tatneft oil production 2002- 2012 (mln tons) ..................................................................................... 397 Table 16-69. Summary indices of production activity of Tatneft in 2005-2012 ........................................................ 397 Figure 16-70. Development drilling by Tatneft by region in 2001-2012 (thousand meters) ..................................... 398 Figure 16-71. Well servicing crew hours by region in Tatneft in 2001-2012 (‘000 hours) ....................................... 399 Figure 16-72. Workover crew hours by region in Tatneft in 2001-2012 (‘000 hours) .............................................. 399 Figure 16-73. Estimated daily flows from various activities in Tatneft in 2007 and 2012 (tons a day) .................... 400 Figure 16-74. Financial indices of Tatneft in 2002-2012 per 1 ton of produced oil .................................................. 400 Table 16-75. Key financial* indices of Tatneft in 2007-2012 (US GAAP millions of US dollars) .......................... 400 Figure 16-76. Tatneft drilling and equipment expenses in 2001-2012 (millions of US dollars) ......................................... 401 Figure 16-77. Slavneft oil production 2002- 2012 (mln tons) ................................................................................... 402 Table 16-78. Summary indices of production activity of Slavneft in 2005-2012 ..................................................... 402 Figure 16-79. Development drilling by Slavneft by region in 2001-2012 (thousands of meters) ............................. 403 Figure 16-80. Well servicing crew hours by region in Slavneft in 2001-2012 (‘000 hours) ..................................... 403 Figure 16-81. Workover crew hours by region in Slavneft in 2001-2012 (‘000 hours) ............................................ 404 Figure 16-82. Estimated daily flows from various activities by key Slavneft regions in 2012 (tons a day) .............. 404 Figure 16-83. 3D and 2D seismic for Slavneft in 2002-2012 .................................................................................... 405 Figure 16-84. Main financial indices of Slavneft in USD per 1 ton of produced oil in 2004-2012 ........................... 405 Table 16-85. Main financial* indices of Slavneft in 2004-2012 (millions of US dollars) ......................................... 405 Figure 16-86. Slavneft drilling and equipment expenses in 2001-2012 (millions of US dollars) ........................................ 406 Figure 16-87. Russneft oil production 2002- 2012 (mln tons) .................................................................................. 407 Table 16-88. Summary indices of production activity of Russneft in 2005-2012 ..................................................... 407 Figure 16-89. Russneft oil production by region in 2001-2012 (thousands of tons) ................................................. 408 Figure 16-90. Development drilling by Slavneft by region in 2001-2012 (thousands of meters) ............................. 408 Figure 16-91. Well servicing crew hours by region in Russneft in 2001-2012 (‘000 hours)..................................... 409 Figure 16-92. Workover crew hours by region in Russneft in 2001-2012 (‘000 hours) ............................................ 409 Figure 16-93. Estimated daily flows from various activities by key Russneft regions in 2012 (tons a day) ............. 410 Figure 16-94. Main financial indices of Russneft in USD per 1 ton of produced oil in 2003-2012 (RAS in $ at

exchange rate) ................................................................................................................................................... 410 Table 16-95. Main financial* indices of Russneft in 2006-2012 (millions US dollars) ............................................ 410 Figure 16-96. Russneft drilling and equipment expenses in 2004-2012 (millions of US dollars) ....................................... 411 Figure 16-97. Bashneft oil production 2002- 2012 (mln tons) .................................................................................. 412 Table 16-98. Summary indices of production activity of Bashneft in 2002-2011 ..................................................... 412 Figure 16-99. Bashneft well bore stimulation reporting by quarters of in 2008-2009 and corrections to 2009

reporting ............................................................................................................................................................ 413 Figure 16-100. Development drilling by Bashneft by region in 2001-2012 (thousands of meters) .......................... 413 Figure 16-101. Well servicing crew hours by region in Bashneft in 2001-2012 (thousand hours) ........................... 414 Figure 16-102. Workover crew hours by region in Bashneft in 2001-2012 (thousand hours) .................................. 414 Figure 16-103. Estimated daily flows from various activities by key Bashneft regions in 2007 and 2012 (tons a day)

.......................................................................................................................................................................... 415 Figure 16-104. 3D and 2D seismic by Bashneft in 2008-2012 .................................................................................. 415 Figure 16-105. Main financial indices of Bashneft in 2002-2012 in $ per 1 ton of produced oil .............................. 416 Table 16-106. Main financial indices of Bashneft in 2005-2012 (mln USD) ............................................................ 416




FSU energy markets

Figure 16-107. Bashneft drilling and equipment expenses in 2001-2012 (millions of US dollars) ..................................... 416 Figure 16-108. Regional gas production by Gazprom in 2003-2012 (bcm) .............................................................. 417 Figure 16-109. Gazprom crude oil and condensate production by region in 2001-2012 (mln tons) ......................... 417 Table 16-110. Summary indices of production activity of Gazprom in 2005-2011 excluding Gazpromneft ............ 418 Figure 16-111. Gazprom development drilling by region (average % of total) ......................................................... 418 Figure 16-112. 3D and 2D seismic for Gazprom in 2005-2011 ................................................................................ 419 Figure 16-113. Financials of Gazprom in 2001-2012 per ton of oil equivalent ($ per TOE) .................................... 419 Table 16-114. Revenue and CAPEX of Gazprom in 2004-2012 (millions of US dollars) ........................................ 419 Figure 16-115. NOVATEK liquids production in 2006-2012 (thousand tons) ......................................................... 420 Figure 16-116. NOVATEK gas production in 2007-2012 (bcmpa) .......................................................................... 420 Figure 16-117. NOVATEK drilling in 2009-2012 (thousand meters) ....................................................................... 421 Figure 16-118. 3D and 2D seismic for NOVATEK in 2008-2012 ............................................................................ 421 Figure 16-119. Financials of NOVATEK in 2008-2012 per ton of oil equivalent ($ per TOE) ................................ 422 Table 16-120. Revenue and CAPEX of NOVATEK in 2007-2012 (millions of US dollars) .................................... 423 Figure 17-1 Drilling rigs fleet structure in Russia in 2012 (active, in mobilization and construction) ...................... 423 Figure 17-2 Drilling rigs fleet structure in Russia in 2011 (active, in mobilization and construction) ...................... 424 Figure 17-3 Drilling rigs fleet structure in Russia in 2010 (active, in mobilization and construction) ...................... 424 Figure 17-4 Drilling rigs fleet structure in Russia in 2009 (active, in mobilization and construction) ...................... 424 Figure 17-5 Drilling rigs fleet structure in Russia in 2008 (active, in mobilization and construction) ...................... 425 Table 17-6 Key players in land drilling market in Russia and their capacities in 2012 ............................................. 425 Figure 17-7 Estimated Russian rig fleet structure by hook load in 2011-2012 .......................................................... 426 Figure 17-8 Development drilling rigs regional distribution in 2009 and 2011 (active rigs drilling for oil in the

region) ............................................................................................................................................................... 426 Figure 17-9 Sidetracking rigs count in 2003-2012 .................................................................................................... 427 Figure 17-10 Estimated number of active workover rigs in Russia by region in 2002-2012 (thousand units) .......... 427 Figure 17-11 Number of well servicing and workover crews in 2001-2012 (crews) ................................................ 428 Figure 17-12 Costs of one crew-hour (average well servicing/workover) by companies in 2006, 2008-2009 and in

2011-2012 in $ per hour .................................................................................................................................... 428 Figure 17-13 Cost of one crew-hour on workover and well servicing by companies in 2012 in $ per hour ............. 429 Figure 17-14 Apparent cost per well-servicing job in 2001-2012 (thousands) .......................................................... 429 Figure 17-15 Apparent cost per workover job in 2001-2012 (thousands) ................................................................. 430 Table 17-16 Seismic and logging crews by largest companies in 2010-2012 ........................................................... 430 Figure 17-17 Capacity shares of key competitors in seismic segment in 2010 ......................................................... 431 Figure 17-18 Capacity shares of key competitors in logging segment in 2010 ......................................................... 431 Table 18-1 Key land drilling service contractors and their shares in footage of large oil and gas companies in 2012

.......................................................................................................................................................................... 434 Figure 18-2 Key oil field service companies’ market shares estimate for 2010 ........................................................ 435 Figure 18-3 Key oil field service companies’ market shares estimate for 2012 ........................................................ 435 Figure 19-1 Own subsidiaries share in the ‘in-house service providers’ segment in 2012 ........................................ 437 Figure 19-2 Surgutneftegas share in key segments of OFS market in 2008-2012 (shares based on physical activity)

.......................................................................................................................................................................... 438 Table 19-3 Capacities of Surgutneftegas ................................................................................................................... 438 Figure 19-4 Horizontal wells and average depth drilled by Surgutneftegas in 2002-2012 ........................................ 439 Figure 19-5 Hydro fracturing operations by Surgutneftegas 2003-2012 (number of jobs) ....................................... 439 Figure 19-6 Apparent daily flows from hydro fracturing operations by Surgutneftegas 2004-2012 (incremental tons a

day) ................................................................................................................................................................... 440 Figure 19-7 Effectiveness of coiled tubing units use at Surgutneftegas 1999- 2004 ................................................. 440 Figure 19-8 Sidetracking operations at Surgutneftegas in 1995-2012 ....................................................................... 441 Figure 19-9 Rosneft share in key segments of OFS market in 2008-2012 (shares based on physical activity)......... 442 Figure 19-10 RN-Burenie drilling in 2006-2012 (thousand meters) ......................................................................... 444




FSU energy markets

Figure 19-11 (a) RN-Burenie development and exploration drilling in 2009 and as planned for 2010 (thousand

meters) .............................................................................................................................................................. 444 Table 19-12 RN-Burenie Capacities and location of crews ....................................................................................... 444 Table 19-13 Condensed income statement of OOO RN-Burenie for 2008-2011 (thousand USD) ........................... 445 Table 19-14 ZAO Udmurtneft-Burenie capacities .................................................................................................... 446 Table 19-15 Condensed income statement of ZAO Udmurtneft-Burenie for 2004-2011 (thousand USD) ............... 446 Table 19-16 Condensed income statement of OOO RN-Service for 2007-2011 (thousand USD) ............................ 447 Table 19-17 Mamontovsky KRS capacities .............................................................................................................. 447 Figure 19-18 MKRS workovers in 2004-2012 (jobs) ................................................................................................ 448 Figure 19-19 MKRS share in crew numbers in Yuganskneftegas 2010 (crews) ....................................................... 448 Table 19-20 Condensed income statement of Mamontovskiy KRS for 2004-2011 (thousand USD) ....................... 448 Table 19-21 Condensed income statement of ZAO KRS 2004-2010 (thousands USD) ........................................... 449 Figure 19-22 Condensed income statement of in 2004-2011 in thousand USD ........................................................ 449 Figure 19-23 Fracturing jobs by PNO in 2003-2011 (jobs) ....................................................................................... 450 Figure 19-24 PNO wireline operations and revenue per operation 2008-2011 (jobs and revenue per job in thousand

USD) ................................................................................................................................................................. 451 Table 19-25 Condensed income statement of OAO PNO 2004-2011 (thousands USD) ........................................... 451 Figure 19-26 Tatneft share in key segments of OFS market in 2008-2012 (shares based on physical activity) ....... 452 Table 19-27 Drilling and wells completion by Tatneft OFS companies in 2005-2012 ............................................. 453 Table 19-28 Hydraulic fracturing and coiled tubing operations by Tatneft in 2005-20112 ...................................... 453 Table 19-29 OFS capacities controlled by Tatneft .................................................................................................... 453 Table 19-30 Condensed income statement of TNG-Group for 2005-2011 (thousand USD) ..................................... 454 Table 19-31 Condensed income statement of Tatburneft for 2008-2011 (thousand USD) ....................................... 455 Table 19-32 Condensed income statement of OOO Burenie for 2008-2011 (thousand USD) .................................. 455 Table 19-33 Production capacities of Tatneft-RemService (transferred from Tatneft) ............................................. 456 Figure 19-34 Condensed income statement of OOO Tatneft-Remservice in 2008-2011 in thousands USD ............ 456 Table 19-35 Drilling rigs and crews OOO TNG-Lenburneft .................................................................................... 457 Table 19-36 Condensed income statement of TNG - Lenburneft for 2007-2009 (thousand USD) ......................... 457 Figure 19-37 LUKOIL share in key segments of OFS market in 2008-2012 (shares based on physical activity) .... 458 Figure 19-38 Apparent revenue of subsidiaries in 2004-2009 sold by LUKOIL to EDC ($ mln) ............................. 458 Figure 19-39 TNK-BP share in key segments of OFS market in 2008-2012 (shares based on physical activity) ..... 459 Table 19-40 Condensed income statement of Russneft-Burenie for 2007-2011 in thousands USD ......................... 460 Figure 19-41 Apparent Russneft-Burenie revenue per meter and footage in 2007-2011 .......................................... 461 Figure 20-1 Bashneft Nefteservice assets drilling footage in 2009-2012 (thousand meters) ..................................... 463 Figure 20-2 Bashneft Nefteservice workovers/ servicing and coiled tubing in 2009-2012 (jobs) ............................. 463 Table 20-3 Capacities used in oilfield service operations for Bashneft ..................................................................... 464 Figure 20-4 Bashneft Nefteservice sidetracking in 2009-2012 (jobs) ....................................................................... 464 Table 20-5 Condensed income statement of BurKan for 2003-2007 ........................................................................ 464 Table 20-6 Condensed income statement of Bashneft-Geostroy (Bashneft-Burenie) for 2008-2011 ....................... 465 Table 20-7 Condensed income statement of UFA UPKRS for 2007-2011 ............................................................... 465 Table 20-8 Condensed income statement of BURS for 2007-2011 (thousand USD) ................................................ 466 Table 20-9 Equipment servicing activities of Neftekamsk NZO and Oktyabrsk NZO ............................................. 466 Table 20-10 Condensed income statement for Neftekamsky Zavod Neftepromyslovogo Oborudovania for 2007-

2011 (thousand USD) ....................................................................................................................................... 466 Table 20-11 Condensed income statement for Oktyabrsky Zavod Neftepromyslovogo Oborudovania for 2007-2011

(thousand USD) ................................................................................................................................................ 466 Table 20-12 Capacities of Neftekamsk UBR............................................................................................................ 467 Table 20-13 Condensed income statement of Neftekamsk UBR for 2003-2008 in thousands USD ......................... 467 Table 20-14 Capacities of Ufa UBR ......................................................................................................................... 467 Figure 20-15 Slavneft subsidiaries apparent drilling footage in 2007-2012 (thousand meters) ................................ 468 Figure 20-16 Slavneft share in key segments of OFS market in 2008-2012 (shares based on physical activity) ...... 469




FSU energy markets

Figure 20-17 Megionskoe UBR drilling footage by client groups in 2006-2010 (thousand meters) ......................... 470 Table 20-18 Megionskoe UBR capacities ................................................................................................................. 470 Table 20-18 Condensed income statement of OOO Megionskoe UBR for 2004-2011 (thousand USD) .................. 470 Table 20-20 Slavneft-Obneftegasgeologia OFS activities in 2008 -2011.................................................................. 471 Table 20-21 Condensed income statement of OAO Slavneft-Obneftegazogeologiya for 2004-2011 (thousand USD)

.......................................................................................................................................................................... 471 Figure 20-22 Revenue of OAO Slavneft-Obneftegazogeologiya attributed to exploration drilling in 2004-2011 (mln

USD) ................................................................................................................................................................. 471 Table 20-23 Condensed income statement of OOO Ob geologiya for 2010-2011 (thousand USD) ......................... 472 Table 20-24 OAO Slavneft-Megionneftegazgeologiya capacities ............................................................................ 472 Table 20-25 Operating data of OAO Slavneft-Megioneftegazgeologiya for 2005- 2011.......................................... 472 Table 20-26 OAO Slavneft-Megionneftegazgeologiya activities in three quarters of 2010 ...................................... 472 Table 20-27 Condensed income statement of OAO Slavneft-Megionneftegazgeologiya for 2005-2011 (thousand

USD) ................................................................................................................................................................. 473 Table 20-28 Condensed income statement of OOO Megion Geologiya for 2010-2011 (thousand USD) ................. 473 Table 20-29 Condensed income statement of Baikitskaya Expedititsia for 2005-2011 (thousand USD).................. 474 Figure 20-30 Gazpromneft share in key segments of OFS market in 2008-2012 (shares based on physical activity)

.......................................................................................................................................................................... 474 Table 20-31 Revenue and net income of OOO Gazpromneft-NefteService in 2008-2009 in thousands USD .......... 475 Figure 20-32 Gazpromneft-Nefteservice subsidiaries share in revenue in 2008 and 2010 ........................................ 475 Table 20-33 Capacities of OAO Gazpromneft-Noyabrskneftegeophysica ................................................................ 476 Figure 20-34 OAO Gazpromneft-Noyabrskneftegeophysica revenue by client in 2010 (%) .................................... 476 Figure 20-35 OAO Gazpromneft-Noyabrskneftegeophysica revenue from logging and perforation in 2006-2011 and

9 months 2010 and 9 months 2011 ................................................................................................................... 477 Table 20-36 Condensed income statement of OAO Gazpromneft- Noyabrskneftegeophysica in 2005-2011 in

thousands USD ................................................................................................................................................. 477 Figure 20-37 Gazflot drilling footage in 2005-2009 (meters) ................................................................................... 480 Table 20-38 Condensed income statement of OOO Gazflot for 2006-2011 (thousand USD) ................................... 480 Table 20-39 Condensed income statement of OOO Georesurs for 2008-2011 in thousand USD ............................. 481 Table 20-40 Condensed income statement of OOO Gazprom Geophysica for 2005-2009 in thousand USD ........... 481 Table 20-41 Georesurs seismic activity in 2011 ........................................................................................................ 481 Figure 21-1 Large oilfield services companies’ share in “International providers segment” in 2012 ....................... 482 Figure 21-2 Schlumberger revenue by geo-region breakdown in 2007-2012 (millions US) ..................................... 483 Figure 21-3 Schlumberger revenue 2009-2012 by oilfield segments (millions US) ................................................. 484 Figure 21-4 Estimated Schlumberger revenue in Russia in 1999-2012 (billions US) ............................................... 485 Figure 21-5 Estimated Schlumberger revenue breakdown of by key assets acquired in Russia in 2011 .................. 485 Table 21-6 Schlumberger capacities .......................................................................................................................... 486 Table 21-7 Schlumberger and EDC deal as described by the parties ........................................................................ 486 Table 21-8 Condensed income statement of OOO Schlumberger Vostok in 2007-2011 (thousands of USD) ......... 487 Table 21-9 Capacities of the PetroAliance Company ................................................................................................ 488 Figure 21-10 Number of sidetracking operations performed by PetroAliance in 2002-2007 .................................... 488 Table 21-11 Condensed income statement of OOO TEKHGEOSERVICE in 2006-2011 (thousands of USD) ...... 489 Table 21-12 Condensed income statement of OOO MEGION TAMPONAZHNOE UPRAVLENIE in 2006-2011

(thousands of USD) .......................................................................................................................................... 489 Table 21-13 Condensed income statement of Tyumenpromgeophysica in 2004-2011 (thousands of USD) ........... 490 Figure 21-14 Condensed income statement of Schlumberger Technological Company in 2005-2011 in thousands

USD .................................................................................................................................................................. 490 Figure 21-15 Condensed income statement of OOO Firma Radius-Service in 2007-2011 in thousands USD ......... 491 Figure 21-16 Halliburton oilfield revenues by two segments in 2006-2012 (millions USD) .................................... 492 Figure 21-17 Halliburton oilfield revenues by regions in 2006-2012 (million USD)................................................ 492




FSU energy markets

Figure 21-18 Halliburton oilfield revenues by segments in Europe/Africa/CIS region in 2006-2012 (million USD)

.......................................................................................................................................................................... 493 Figure 21-19 Operating income of Halliburton in Europe/Africa/CIS in 2008 - 2012 (mln USD) ........................... 493 Figure 21-20 Approximate revenue of Halliburton in Russia in 2004-2012 (mln USD) ........................................... 494 Figure 21-21 Assumed revenue of Halliburton in Russia and CIS in 2011 (mln USD) ............................................ 495 Table 21-22 Estimated capacities of Halliburton ....................................................................................................... 495 Figure 21-23 Weatherford revenues by region in 2007-2012 ($ mln) ....................................................................... 497 Figure 21-24 Weatherford operating income split by regioin and share in total in 2011-2012 ($ mln) .................... 497 Figure 21-25 Estimates of TNK-BP assets contribution to Weatherford revenues in Europe/West Africa/ FSU area in

2010 ($ mln)...................................................................................................................................................... 498 Figure 21-26 TNK-BP OFS assets purchased by Weatherford revenue 2003-2011 RAS ($ mln) ............................ 498 Figure 21-27 TNK-BP OFS assets purchased by Weatherford net income 2003-2011 RAS ($ mln) ....................... 499 Table 21-28 Nizhnevartovskburneft capacities ......................................................................................................... 500 Table 21-29 Condensed income statement of ZAO Nizhnevartovskburneft for 2004-2011 in thousand USD ........ 501 Table 21-30 Orenburgburneft capacities ................................................................................................................... 501 Table 21-31 Condensed income statement of Orenburgburneft for 2003-2011 (thousand USD).............................. 501 Table 21-32 OOO Chernogorservice capacities ........................................................................................................ 502 Table 21-33 Condensed income statement of OOO Chernogornefteservice in 2003-2011 (thousands of USD) ...... 502 Table 21-34 Condensed income statement of OOO NPRS-1 in 2003-2011 in thousands of US dollars .................. 503 Table 21-35 Condensed income statement of OOO NPRS in 2003-2005 in thousands of USD .............................. 503 Table 21-36 Condensed income statement of OOO UKRS in 2003-2011 in thousands of USD ............................. 503 Table 21-37 Condensed income statement of OOO Spetselizirovannoe Tamponazhnoe Upravlenie in 2004-2011 in

thousands of USD ............................................................................................................................................. 504 Table 21-38 Condensed income statement of OOO Tekhinformtservice in 2006-2011 in thousands of USD ......... 504 Table 21-39 Condensed income statement of ZAO Neftemashvnedrenie in 2006-2011 in thousands of USD ....... 504 Table 21-40 Capacities of Beylorussian UPNP and KRS .......................................................................................... 505 Figure 21-41 Baker Hughes regional revenues globally in 2006-2012 ($ mln) ......................................................... 506 Figure 21-42 Baker Hughes estimated revenues in Russia and Caspian region in 2002-2012 (millions USD) ........ 507 Figure 21-43 Baker Hughes possible breakdown of revenues between Russia and Caspian region in 2009-2010

(millions USD) .................................................................................................................................................. 507 Figure 21-44 BJ revenues in Russia in 2003-2009 and loss in 2007-2009 (millions USD) ...................................... 508 Table 21-45 Condensed income statement of OOO Orenbrugneftegeophysica in 2005- 2011 in thousands USD ... 509 Table 21-46 KCA Deutag land drilling rigs location in 2011 -2012 ......................................................................... 511 Table 21-47 KCA Deutag drilling rigs technical description .................................................................................... 512 Figure 21-48 C.A.T oil subsidiaries revenue in 2005-2012 (USD millions at average exchange rates) ................... 514 Figure 21-49 Condensed income statement of C.A.T. Oil in 2005-2012 in millions EURO .................................... 515 Figure 21-50 Key capacities of C.A.T. Oil in 2005-2012 in fracturing fleets/sidetracking rigs ................................ 515 Figure 21-51 C.A.T. Oil number of jobs and revenue per job in 2007-2012 ............................................................. 516 Figure 21-52 C.A.T. Oil sidetracking revenue in 2007-2012 (millions EUR) ........................................................... 516 Figure 21-53 C.A.T. Oil revenues from key customers in 2005-2012 (EUR millions) ............................................. 517 Table 21-54 Capacities of CATOBNEFT ................................................................................................................. 517 Table 21-55 Sidetracking crews CATOBNEFT in 2005-2013 .................................................................................. 518 Figure 21-56 CATOBNEFT fracturing and sidetracking jobs in 1995-2009 ............................................................ 518 Figure 21-57 CATOBNEFT sidetracking jobs by type in 2005-9 m 2011 ................................................................ 519 Table 21-58 Condensed income statement of CATOBNEFT for 2004-2011 (thousand USD) ................................. 519 Table 21-59 Condensed income statement of CAToil-Drilling for 2008-2011 (thousand USD) .............................. 520 Table 21-60 Capacities of CATKoneft ...................................................................................................................... 520 Figure 21-61 Hydraulic fracturing performed by CATkoneft in 1991-2009 (number of operations) ....................... 521 Table 21-62 Condensed income statement of CATkoneft for 2004-2011 (thousand USD) ...................................... 521 Table 21-63 Condensed income statement of CAToil-Leasing for 2007-2011 (thousand USD) .............................. 521 Table 21-64 Condensed income statement of CAToil-GEODATA for 2007-2009 (thousand USD)........................ 522




FSU energy markets

Figure 21-65 Global revenue of Trican 2006-2012 (millions CAD) ......................................................................... 522 Table 21-66 Main capacities of TRICAN in CIS in 2004-2013 ................................................................................ 523 Figure 21-67 Performed jobs by TRICAN in 2002-2012 (jobs) ................................................................................ 524 Figure 21-68 Revenue per type of job by Trican in 16 quarters in 2008-2012 (CAD millions) ................................ 524 Figure 21-69 Revenue per job by TRICAN in 8 quarters of 2008-2009 and in 2010-2012 (thousand CAD and USD)

.......................................................................................................................................................................... 524 Figure 21-70 Condensed income statement of TRICANs for 2005-2012* (mln CAD) ............................................ 525 Table 21-71 Condensed income statement of TRICAN in CIS for 2005-2010 (CAD translated into mln USD) ..... 525 Table 21-72 Condensed income statement of TRICAN for 2005-2011 (RAS in thousand USD) ............................. 525 Table 21-73 CalFrac Well Services capacity and revenue per job in 2009-2012 ..................................................... 526 Table 21-74 CalFrac Well Services sales and operating revenue in Russia in 2009-2012 (mln CAD) .................... 526 Table 21-75 Condensed income statement of CalFrac Well Services for 2006-2011 (thousand USD) .................... 526 Figure 22-1 Revenue of large Russian oilfield services in 2012 ...................................................................... 527 Table 22-2 Capacities of the EDC in 2007 and 2010-2011 ............................................................................. 528 Figure 22-3 EDC crews in 2005-2012 ....................................................................................................................... 529 Figure 22-4 Drilling footage of EDC in 2005- 2012 (thousand meters) .................................................................... 529 Table 22-5 EDC’s drilling footage by regions in 2012 .............................................................................................. 530 Figure 22-6 EDC drilling estimates for key customers in 2006-2012 (thousand meters) .......................................... 530 Table 22-7 EDC’s workover/well servicing job count by regions in 2012 ................................................................ 530 Table 22-8 EDC’s revenue and net income in 2006-2012 (thousand USD) .............................................................. 531 Figure 22-9 EDC’s Revenue structure for 2005-2012 (millions USD) ..................................................................... 531 Figure 22-10 EDC’s Revenue per rig in 2007-2012 (millions USD) ........................................................................ 532 Table 22-11 Condensed income statement of BKE for 2007-2011 in thousands USD ............................................. 532 Table 22-12 OOO SGK assets in 2009-2012 ............................................................................................................. 533 Table 22-13 Drilling by SGK for 2006-2012 (thousand meters) ............................................................................... 534 Figure 22-14 Number of vertical and horizontal wells completed by SGK in 2004-2012 (wells) ............................ 534 Figure 22-15 Wells completed by SGK in 2009-2012 by clients (wells) .................................................................. 534 Figure 22-16 Sidetracks by SGK in 2011-2012 by clients (wells) ............................................................................ 535 Table 22-17 Condensed income statement of SGK for 2007-2011 in thousands USD ............................................. 535 Figure 22-18 Kogalym Well Workover jobs breakdown in 2004-2011 (jobs) .......................................................... 536 Table 22-19 Condensed income statement of Kogalym Well Workover apparent revenues in 2009-2011 ($

thousands) ......................................................................................................................................................... 536 Figure 22-20 Urai Well Workover jobs breakdown in 2004-2011 (jobs) .................................................................. 537 Table 22-21 Condensed income statement of Urai Well Workover in 2009-2011 (thousands) ............................... 537 Figure 22-22 Condensed income statement of ZAO SKRS 2004-2011 thousands of dollars U. S. .......................... 538 Table 22-23 Drilling by Gazprom Burenie in 2003-2012 .......................................................................................... 538 Table 22-24 Capacities of Gazprom Burenie............................................................................................................. 538 Table 22-25 Number of drilling crews and footage by Gazprom Burenie subsidiaries in 2008-2011 ....................... 539 Figure 22-26 Footage of Gazprom-Burenie by subsidiaries 2009-2012 (thousand meters) ...................................... 540 Figure 22-27 Wells completed by Gazprom-Burenie by subsidiaries 2009-2012 (thousand meters) ........................ 540 Table 22-28 Condensed income statement of DOO Burgaz for 2005-2011 in thousand USD .................................. 541 Figure 22-29 Apparent cost per meter of drilling by DOO Burgaz for 2003-2011 in USD per meter and YOY in %

.......................................................................................................................................................................... 542 Table 22-30 Integra overview in 2011 ....................................................................................................................... 543 Table 22-31 Integra overview in 2010 ....................................................................................................................... 544 Table 22-32 Integra overview in 2009 ....................................................................................................................... 544 Table 22-33 Condensed income statement of Integra in 2006-2012 (mln USD) ....................................................... 544 Figure 22-34 Segments revenue of Integra in 2006-2012 (millions USD) ................................................................ 546 Table 22-35 Operational results for Integra for 2006 -2012 ...................................................................................... 547 Table 22-36 Regional distribution of assets in Integra in 2007 ................................................................................. 547 Figure 22-37 Customer client base of Integra in 2009-2011 and expected in 2012 ($ mln) ...................................... 548




FSU energy markets

Figure 22-38 Order book of Integra by segments in 2009 - 2012 ($ mln) ................................................................. 548 Table 22-39 Capacities SSK ...................................................................................................................................... 549 Figure 22-40 SSK revenue breakdown by type of services ....................................................................................... 550 Figure 22-41 Condensed income statement of ZAO SSK in 2003-2011 (thousand USD) ........................................ 550 Table 22-42 Companies for consolidation in IG Seismic Services ............................................................................ 553 Figure 22-43 IGSS shareholders as of 2012 .............................................................................................................. 553 Table 22-44 Key capacities and geographical locations of IGSS in 2012 ................................................................. 553 Table 22-45 Key activity of IGSS in 2009*-2012 ..................................................................................................... 554 Figure 22-46 GEOTECH Holding revenues in 2006-2011 ($ mln) ........................................................................... 554 Figure 22-47 Condensed income statement* of IGSS in 2011-2012 (thousand USD) .............................................. 554 Table 22-48 OAO Khantymansiyskgeophysica activity and key clients 2010 .......................................................... 555 Table 22-49 Condensed income statement of OAO Khantymansiyskgeophysica in 2004-2011 in thousands USD . 556 Figure 22-50 OAO Khantymansiyskgeophysica revenue from key activities in 2006-2011 ($ mln) ........................ 556 Table 22-51 Condensed income statement of OAO Integra-Geophysics in 2008-2011 in thousands USD .............. 556 Table 22-52 Azimuth Energy Services revenue and net income in 2007- 2011 (thousand USD) ............................. 558 Table 22-53 Condensed income statement of OAO Yeniseygeophysica in 2004-2011 n thousands USD ............... 559 Table 22-54 Condensed income statement of OAO CGE in 2005- 2011 in thousands USD .................................... 560 Figure 22-55 OAO Sibneftegeophysica in two winter seasons in 2005-2011 (# of shots) ........................................ 561 Figure 22-56 OAO Sibneftegeophysica customer breakdown for 2010-2011 season (% of # of shots) ................... 561 Table 22-57 Condensed income statement of OAO Sibneftegeophysica in 2004- 2011 (thousands USD)............... 562 Table 22-58 Condensed income statement of ZAO Agan-Burenie in 2005-2011 in thousands USD ....................... 563 Table 22-59 Condensed income statement of OAO RU-Energy Group in 2009-2011 in thousands USD ................ 563 Table 22-60 Capacities of the Service Drilling Company ......................................................................................... 564 Figure 22-61 Drilling by SBK in 2006-2012 (thousand meters) ............................................................................... 565 Figure 22-62 SBK share in regional wells completions by Gazpromneft in 2009 (wells)......................................... 565 Table 22-63 Condensed income statement of OOO Service Drilling Company in 2003-2011 in thousands USD ... 565 Table 22-64 Capacities of the Vyshkomontazhnoe Upravlenie (rig assembly) ......................................................... 566 Table 22-65 Capacities of OOO KRS-Service .......................................................................................................... 566 Table 22-66 Condensed income statement of OOO KRS-Service in 2004-2011 in thousands USD ....................... 566 Table 22-67 Capacities of OOO Megion-Service ...................................................................................................... 567 Figure 22-68 Megion-Service share in Slavneft workover/servicing costs in 2004-2011 ($ mln) ............................ 567 Table 22-69 Condensed income statement of OOO Megion-Service in 2004-2011 in thousands of USD ............... 567 Table 22-70 A Condensed income statement of OOO YamalServiceCenter in 2007-2011 in thousands of USD

............................................................................................................................ Error! Bookmark not defined. Table 22-71 A Condensed income statement of OOO Servisnaya Transportnaya Compania 2007-2011 in thousands

of USD .............................................................................................................................................................. 568 Table 22-72 Condensed income statement of ChTPZ for 2004-2010 (thousand USD) ............................................ 569 Figure 22-73 RAS revenue in 2005-2010 of key companies acquired by Rimera ($ mln) ........................................ 569 Table 22-74 Condensed income statement of Taimyrnefterazvedka for 2003-2010 (thousand USD) ...................... 570 Table 22-75 Condensed income statement of Yuganskneftegasgeophysica for 2005-2011 (thousand USD) ........... 570 Table 22-76 Condensed income statement of Tomskneftegasgeophysica for 2005-2008 (thousand USD) .............. 570 Figure 23-1 Orenburg Drilling Company drilling footage and completed wells in 2006-2012 ................................. 571 Table 23-2 Orenburg drilling company capacities ..................................................................................................... 571 Table 23-3 Condensed income statement of OOO Orenburg Drilling Company for 2005-2011 (thousand USD) ... 572 Table 23-4 Ingeoservice capacities and drilling rigs fleet (actual and plan till 2015) ............................................... 573 Figure 23-5 Nova Energy Services drilling footage in 2006-2011 and plan until 2015 (thousand meters) ............... 573 Figure 23-6 Nova Energy Services average and maximum horizontal legs in 2009-2011 and plan until 2015

(thousand meters) .............................................................................................................................................. 574 Table 23-7 Condensed income statement of Nova Energy Services for 2005-2011 (thousand USD) ....................... 574 Figure 23-8 Exploration drilling of Usinskgeoneft for 2003-2012 (thousand meters) .............................................. 577 Figure 23-9 Usinskgeoneft customer by revenue breakdown in 2012 ....................................................................... 576




FSU energy markets

Table 23-10 Condensed income statement of Usinskgeoneft for 2005-2011 (thousand USD) ................................. 576 Table 23-11 Capacities of Neftserviceholding .......................................................................................................... 577 Table 23-12 OOO Neftserviceholding companies and structure of their revenue in 2005 ........................................ 577 Table 23-13 Condensed income statement of OOO Nefteserviceholding 2003-2011 in thousand USD ................... 578 Figure 23-14 Condensed income statement of OOO Universal Service in 2006-2010 in thousand USD ................. 578 Table 23-15 Capacities Permnefteotdacha................................................................................................................. 578 Figure 23-16 Condensed income statement of OOO Permnefteotdacha in 2003-2011 in thousand USD ................. 578 Table 23-17 Structural units of OAO UPNP and KRS .............................................................................................. 579 Figure 23-18 Number of sidetracking and workover jobs by OAO UPNP and KRS Samara in 2002-2010 ............. 580 Figure 23-19 Planned and actual operations by OAO UPNP and KRS Samara in 2008 - 2010 ................................ 580 Figure 23-20 Number of and types of well workovers executed by OAO UPNP and KRS Samara in the period from

1998 to 2009 ..................................................................................................................................................... 581 Figure 23-21 Additional oil recovery from repaired by OAO UPNP and KRS Samara wells by type of operations

from 1998 to 2009, thousands of tons ............................................................................................................... 581 Table 23-22 Key operational data of OAO UPNP and KRS Samara in 2008-2012 ................................................. 582 Table 23-23 Revenue per job of OAO UPNP and KRS Samara by customer and type of job in 2008-2009 (thousand

USD per job) ..................................................................................................................................................... 582 Table 23-24 Productive crew time and Shift-working coefficient in OAO UPNP and KRS Samara ........................ 583 Figure 23-25 Condensed income statement of OAO UPNP and KRS Samara in 2004- 2011 in thousand USD ...... 583 Table 23-26 Capacities of OOO VNBK .................................................................................................................... 583 Figure 23-27 Drilling footage of OOO VNBK in 2004-2010 (thousand meters) ...................................................... 584 Figure 23-28 Condensed income statement of OOO VNBK in 2006-2011 in thousand USD .................................. 584 Figure 23-29 ZAO Samatlorneftekhimprom workover crews regional distribution prior to acquisitions ................. 585 Figure 23-30 ZAO Samatlorneftekhimprom workover crews regional distribution after the acquisitions ................ 585 Figure 23-31 Condensed income statement of ZAO Samatlorneftepromkhim in 2006-2011 in thousand USD ....... 585 Figure 23-32 Condensed income statement of ZAO Ermakovsky PRS in 2004-2011 in thousand USD .................. 586 Table 23-33 Condensed income statement of OOO KomiQuest International in 2004-2011 in thousand USD ...... 587 Table 23-34 Rusintegral crew count and utilization in 2007-2012 ............................................................................ 587 Table 23-35 Condensed income statement of OOO VR 2007-2011 in thousand USD ............................................. 587 Table 23-36 OOO Tomskburneftegaz capacities ....................................................................................................... 588 Table 23-37 Condensed income statement of OOO Tomskburneftegaz for 2002-2011 (thousand USD) ................. 588 Table 23-38 Capacities of MeKaMineft .................................................................................................................... 589 Table 23-39 Condensed income statement of ZAO MeKaMineft for 2004-2011 (thousand USD) .......................... 589 Table 23-40 Capacities of ERIELL ........................................................................................................................... 590 Table 24-1 Capacities of OAO Bashneftegeophysica................................................................................................ 592 Figure 24-2 Bashneftegeophysica clients in 2009 - 2011 (share in revenue and in mln dollars) .............................. 593 Table 24-3 Key operating data of Bashneftegeophysica in 2008-2011 and plan for 2012 ........................................ 594 Table 24-4 Condensed income statement of OAO Bashneftegeophysica in 2004- 2011 in thousands USD ............ 594 Table 24-5 Condensed income statement of OAO Kogalymneftegeophysica in 2005- 2011 in thousands USD...... 595 Table 24-6 Condensed income statement of OAO Nizhnevartovskneftegeophysica in 2006-2011 in thousands USD

.......................................................................................................................................................................... 595 Figure 24-7 Saratovneftegeophysica revenue from seismic and other activities in 2006-2011 (thousand USD) ..... 596 Figure 24-8 Saratovneftegeophysica revenue from various countries in 2007-2010 (thousand USD) ..................... 596 Table 24-9 Condensed income statement of OAO Saratovneftegeophysica in 2006-2011 in thousands USD ......... 597 Table 24-10 OAO Samaraneftegeophysica capacities and location .......................................................................... 597 Figure 24-11 Samaraneftegeophysica revenue from seismic and wireline activities in 2006-2011 (thousand USD)

.......................................................................................................................................................................... 597 Figure 24-12 Samaraneftegeophysica revenue regional split in 2009 and in 2011 (%) ............................................ 598 Table 24-13 Condensed income statement of OAO Samaraneftegeophysica in 2006- 2011 in thousands USD....... 598 Figure 24-14 Stavropolneftegeophysica seismic and wireline revenue by key customers in 2010 (%) .................. 599 Table 24-15 Condensed income statement of OAO Stavropolneftegeophysica in 2006-2011 in thousands USD .... 599




FSU energy markets

Figure 24-16 OAO Permneftegeophysica seismic and wireline revenue split in 2010 (%) ...................................... 600 Table 24-17 Seismic line of business activities of OAO Permneftegeophysica in 2008-2011 .................................. 600 Table 24-18 Wireline line of business activities of OAO Permneftegeophysica in 2008-2011 ................................ 600 Table 24-19 Condensed income statement of OAO Permneftegeophysica in 2006- 2011 in thousands USD .......... 601 Table 24-20 Condensed income statement of ZAO Polyarnaya Geophysical Expedition in 2006-2011 in thousands

USD .................................................................................................................................................................. 601 Table 24-21 Key activities of OAO Volgogradneftegeophysica in 2008-2011 ......................................................... 602 Figure 24-22 OAO Volgogradneftegeophysica seismic field activities in 2005-2011 (sq. km. and km accordingly)

.......................................................................................................................................................................... 602 Table 24-23 Condensed income statement of OAO Volgogradneftegeophysica in 2006-2011 in thousands USD .. 603 Table 24-24 Condensed income statement of ZAO Krasnoyarskgeophysica in 2003-2009 in thousands USD ........ 603 Figure 24-25 Sevmorneftegeophysica revenue breakdown by type of a customer in 2008-2010 (thousand USD) . 604 Figure 24-26 Sevmorneftegeophysica seismic surveys by type in 2007-2012 ......................................................... 604 Table 24-27 Breakdown of Sevmorneftegeophysica vessel load in 2008-2011 ........................................................ 605 Figure 24-28 Sevmorneftegeophysica revenue from 2D and 3D in 2008-2011 (thousand USD) ............................ 605 Table 24-29 Condensed income statement of OAO Sevmorneftegeophysica in 2006-2011 in thousands USD ....... 605 Table 24-30 Condensed income statement of OAO Dalmorneftegeophysica in 2006-2011 in thousands USD ....... 605 Table 24-31 Condensed income statement of Sevmorgeo in 2006-2011 in thousands USD ..................................... 606 Table 25-1 Capacities of OOO L-Burenie ................................................................................................................. 607 Table 25-2 Condensed income statement of L-Burenie for 2007-2009 (thousand USD) .......................................... 607 Table 25-3 Condensed income statement of OOO UK Severnaya Expeditsiya for 2006-2010 (thousand USD) ...... 608 Table 25-4 ZAO GRK Severnaya Expeditsiya capacities ......................................................................................... 608 Table 25-5 Condensed income statement of ZAO GRK Severnaya Expeditsiya for 2005-2007 (thousand USD) ... 609 Table 25-6 OOO Udmurtgeologia-Burenie capacities ............................................................................................... 609 Table 25-7 Condensed income statement of OOO Udmurtgeologia-Burenie for 2005-2009 (thousand USD) ......... 609 Table 25-8 OAO Neftegeologia pre-crisis capacities ................................................................................................ 610 Table 25-9 Condensed income statement of OAO Neftegeologia for 2005-2008 (thousand USD) .......................... 610 Table 25-10 Income statement for Salymskaya Burovaya Kompania for 2004-2010 (thousand USD) .................... 610 Table 25-11 Main oil field services capacities of the OTO Company in 2008 .......................................................... 611 Figure 25-12 Oil Technology Overseas Sidetracking in 2004-2008* (number of operations) .................................. 611 Figure 25-13 Condensed income statement of OOO OTO for 2002-2006 in thousand USD ................................... 611 Figure 26-1 Supply of drilling rigs in 2000-2012 (units)........................................................................................... 613 Figure 26-2 Production of workover rigs in 2000-2010 (units) ................................................................................. 613 Figure 26-3 Production of cementing units in 2001-2009 (units) .............................................................................. 614 Figure 26-4 Production of wellhead and Christmas tree fittings in 2000-2009 (units) .............................................. 614 Figure 26-5 Production of deep well sucker-rod pumps and ESP Systems in Russia in 2001-2009 (‘000) .............. 615 Figure 26-6 Production of rod pump surface units in Russia in 2001-2008 (units) ................................................... 615 Figure 26-7 Production of well logging aggregates in 2002-2006 (units) ................................................................. 616 Figure 27-1 Drilling rigs fleet estimates in 2006, 2008-2012 .................................................................................... 617 Figure 27-2 Breakdown of sourcing of additional rigs supplied to the market between 2006 and 2012 ................... 617 Figure 27-3 Production of workover rigs in 2001-2008 (units) ................................................................................. 618 Figure 27-4 Drilling rigs import by hook load 2006-2009 ........................................................................................ 619 Figure 27-5 Drilling rigs import by country of origin 2006-2011 ............................................................................. 620 Figure 27-6 Integra revenue from equipment manufacturing and ZAO Uralmash in 2006-2009 ............................. 620 Figure 27-7 Production of drilling rigs by Uralmash in 2001-2012 .......................................................................... 621 Table 27-8 Condensed income statement of the Uralmash Burovoe Oborudovanie in 2005-2011 ........................... 621 Figure 27-9 Production of drilling rigs by Volgograd Drilling Equipment Plant in 2001-2012 ................................ 623 Table 27-10 Condensed income statement of the Volgograd Plant of Drilling Equipment in 2005-2011 (USD

thousand) ........................................................................................................................................................... 624 Figure 27-11 Production of workover rigs by Kungur Machine-Building Equipment Plant in 2006-2008 (units) ... 624 Table 27-12 Condensed income statement of Kungur Machine Building Plant for 2005- 2011 (thousand USD) .... 625




FSU energy markets

Table 27-13 Production of workover rigs by Ishimbai machine building plant in 2001-2009 (units) ....................... 625 Table 27-14 Condensed income statement Ishimbai machine building plant for 2004- 2011 (thousand USD) ........ 626 Figure 28-1 ESP production by major manufacturers in the Russian Federation in 2001-2009* .............................. 627 Figure 28-2 Production wells equipped with ESP by region in 2001-2009 (‘000) .................................................... 628 Table 28-3 Condensed income statement of MC Borets for 2005-2011 in thousand USD ....................................... 628 Figure 28-4 Borets key product (ESP) production dynamics in 2001-2008 ............................................................. 629 Table 28-5 Condensed income statement of OOO Borets for 2004-2009 in thousand USD ..................................... 630 Figure 28-6 Production of centrifugal electric submersible pumps by Lemaz in 2001-2009 (units) ......................... 630 Table 28-7 Condensed income statement of Lemaz for 2005-2011 (thousand USD) ............................................... 630 Figure 28-8 Production of centrifugal electric submersible pumps by Lysvaneftemash in 2006-2008 (units) ......... 631 Table 28-9 Condensed income statement of Lysvaneftemash for 2006-2011 (thousand USD) ................................ 631 Figure 28-10 Production of centrifugal electric submersible pumps by Livgidromash in 2004-2009 (units) ........... 632 Table 28-11 Condensed income statement of LIVGIDROMASH for 2005- 2011 (thousand USD)......................... 632 Figure 28-12 Production of ESPs by ALNAS in 2001-2009 (units) ........................................................................ 633 Table 28-13 Condensed income statement of ALNAS for 2005- 2010 (thousand USD) .......................................... 633 Table 28-14 Condensed income statement of NOVOMET - Perm for 2005-2011 (thousand USD) ......................... 634 Table 28-15 Condensed income statement of NOVOMET - Service for 2005-2011 (thousand USD) ..................... 634 Figure 29-1 Rod sucker pumps production in Russia for 2004-2009 (units) ............................................................. 635 Figure 29-2 Rod lift pump equipped wells in key regions of Russia in 2002-2009 (‘000) ........................................ 635 Figure 29-3 Surface equipment for rod pumps production by key manufacturers in Russia for 2003-2009 (units) .. 636 Figure 29-4 Rod lift pumps production at Izhneftemash 101 in 2002-2009 (thousands) .......................................... 637 Figure 29-5 Key equipment production at Izhneftemash in 2006-2007 (units) ......................................................... 637 Table 29-6 Condensed income statement of Izhneftemash for 2005- 2011 (thousand USD) .................................... 638 Table 29-7 Condensed income statement of Izhneftemash 101 for 2004-2008 (thousand USD) .............................. 638 Table 29-8 Condensed income statement of the Perm Oilfield Machinery Company for 2004-2009 (thousand USD)

.......................................................................................................................................................................... 638 Figure 29-9 Production of rod lift pump surface units by Reduktor in 2001-2009 (units) ........................................ 639 Table 29-10 Condensed income statement of Reduktor for 2005- 2011 (thousand USD) ........................................ 639 Figure 30-1 Major manufacturers of Christmas trees for the oil industry in 2004-2008 (units) ............................... 640 Figure 30-2 Korvet Christmas tree production data for 2004-2009 (units) .............................................................. 641 Table 30-3 Condensed income statement of Korvet for 2004- 2011 (thousand USD) ............................................ 641 Figure 30-4 Yukogama Christmas tree production data for 2001-2008 (units) ........................................................ 642 Table 30-5 Condensed income statement of Yugo-Kamsky Zavod for 2004-2009 (thousand USD) ..................... 642 Figure 31-1 Cementing units production by main producers for 2001-2008 .......................................................... 643 Figure 31-2 Cementing unit production at Pervomaiskkhimmash for 2000-2008 (units) ....................................... 644 Table 31-3 Condensed income statement of Pervomaiskkhimmash for 2004- 2011 (thousand USD) .................... 644

contentrussian-energy-co.com/.../russian_ofs_2013_content.pdf · · 2013-08-13renergyco russian...

Documents