print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Oil Company "LUKOIL" press releases

Oil Company "LUKOIL"

February 7, 2006

LUKOIL preliminary operating data for 2005

LUKOIL Group (subsidiary companies and LUKOIL’s share in output of affiliated companies) total hydrocarbon production for 2005 reached 1.93 mln boe per day, up 5.5% y-o-y.

Crude oil output of LUKOIL Group totaled 1.81 mln bpd* (up 4.8% y-o-y) or 90.06 mln tons (up 4.5% y-o-y).

Average flow rate per oil well reached 11.07 tons per day, up 3.5% y-o-y.

Petroleum and natural gas output of LUKOIL Group was 7.57 bcm, which is 16.9% more compared with 2004. Daily petroleum and natural gas output grew by 17.3% y-o-y. Natural gas output was 2.63 bcm, up 43.8% y-o-y.

LUKOIL refined 47.28 mln tons of crude at its own refineries, which is 8.4% y-o-y. Throughputs at international refineries grew by 23.7% as Romanian refinery “Petrotel-LUKOIL” has been put into operation.

 

Hydrocarbon production, th. boe per day

 

2005

2004

Growth

LUKOIL Group output:

1,931

1,830

+5.5%

Including

 

 

 

Crude oil output*

1,809

1,726

+4.8%

Petroleum and natural gas output**

122

104

+17.3%

 

Crude oil output, th. tons

 

2005

2004

Growth

LUKOIL Group output:

90,064

86,200

+4.5%

Including

 

 

 

Subsidiary companies

86,098

82,408

+4.5%

Share in affiliated companies

3,966

3,792

+4.6%

 

 

 

 

Russia:

86,278

82,720

+4.3%

Including

 

 

 

Subsidiary companies

84,180

81,039

+3.9%

Share in affiliated companies

2,098

1,681

+24.8%

 

 

 

 

International projects:

3,786

3,480

+8.8%

Including

 

 

 

Subsidiary companies

1,918

1,369

+40.1%

Share in affiliated companies

1,868

2,111

-11.5%

 

 

 

 

LUKOIL Group output, th. bpd*

1,809

1,726

+4.8%

 

 

 

 

Average flow rate of oil wells, tons per day

11.07

10.70

+3.5%

Flow rate of new oil wells, tons per day

41.89

44.33

-5.5%

 

Petroleum and natural gas output, mcm

 

2005

2004

Growth

LUKOIL Group output:

7,569

6,473

+16.9%

Including

 

 

 

Subsidiary companies

7,267

6,213

+17.0%

Share in affiliated companies

302

260

+16.2%

 

 

 

 

Russia:

5,734

4,982

+15.1%

Including

 

 

 

Subsidiary companies

5,659

4,940

+14.6%

Share in affiliated companies

75

42

+78.6%

 

 

 

 

International projects:

1,835

1,491

+23.1%

Including

 

 

 

Subsidiary companies

1,608

1,273

+26.3%

Share in affiliated companies

227

218

+4.1%

 

 

 

 

LUKOIL Group output, th. boe per day**

122

104

+17.3%

*  Conversion ratio from tons to barrels is 7.33.

**  Includes marketable gas and gas for internal consumption as well as technological losses. Conversion ratio from cubic meters to barrels of oil equivalent is 1,000 cm = 5.885 boe.

 

Refinery throughputs*, mln tons

 

2005

2004

Growth

Total

47.28

43.62

+8.4%

Russia

37.30

35.55

    +4.9%

International

9.98

8.07

+23.7%

 

* Including mini-refineries.

This information is based on preliminary operating data, which may be adjusted and corrected during preparation of LUKOIL financial accounts for 2005. So the figures in this press-release may differ from operating statistics, which will be published together with the financial accounts.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer