Alliance Oil Released Operational Update for Third Quarter of 2012
OREANDA-NEWS. October 9, 2012. Alliance Oil Company's average daily oil production for the third quarter of 2012 amounted to 53,309 bopd compared to 45,662 bopd in the third quarter of 2011. In total, 4.9 mbbl were produced in the reporting period compared to 4.2 mbbl in the third quarter of 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 84,580 bopd in the third quarter of 2012 compared to 77,442 bopd in the third quarter of 2011. In total, 7.8 mbbl were refined compared to 7.1 mbbl in the third quarter of 2011. Preliminary crude oil and oil product sales amounted to 4.9 mbbl and 8.1 mbbl respectively in the third quarter of 2012 compared to 4.0 mbbl and 7.1 mbbl in the third quarter of 2011.
The forecasted average upstream production for 2012 amounts to approximately 54,000 barrels per day and reflects adjustments of the fourth quarter drilling schedule. Supported by growing demand for oil products in the Russian Far East and completion of 7 new units at the Khabarovsk refinery, the forecasted average downstream production for 2012 has been increased to approximately 77,000 barrels per day[1].
Preliminary operating results in barrels per day: | ||||
Upstream |
Downstream | |||
2012 |
Production |
Crude oil sales |
Refining |
Oil product sales |
January |
59,421 |
56,734 |
77,531 |
65,865 |
February |
55,187 |
54,444 |
78,390 |
77,634 |
March |
54,481 |
49,752 |
69,129 |
69,377 |
1st quarter |
56,363 |
53,643 |
75,017 |
70,959 |
April |
52,918 |
52,297 |
70,888 |
72,625 |
May |
54,422 |
53,544 |
81,946 |
93,600 |
June |
53,279 |
53,416 |
82,260 |
82,828 |
2nd quarter |
53,540 |
53,086 |
78,404 |
82,912 |
July |
53,732 |
57,533 |
83,643 |
84,496 |
August |
53,473 |
50,306 |
84,809 |
88,790 |
September |
52,725 |
51,099 |
85,417 |
89,565 |
3rd quarter |
53,309 |
52,979 |
84,580 |
88,356 |
9 months |
54,414 |
53,238 |
79,325 |
80,760 |
Upstream
Average daily oil production in the Timano-Pechora region amounted to 21,000 bopd in the third quarter of 2012 compared to 16,000 bopd in the third quarter of 2011. Oil production in the Volga-Urals region and Kazakhstan amounted to 23,000 bopd in the third quarter of 2012 compared to 21,700 bopd in the third quarter of 2011. Oil production in the Tomsk region amounted to 9,400 bopd in the third quarter of 2012 compared to 8,000 bopd in the third quarter of 2011. In the third quarter of 2012, 21 new wells were drilled. The average daily production at the Kolvinskoye field amounted to 11,400 barrels with a total of 1.1 mbbl produced for the quarter.
Downstream
In the downstream segment refining capacity has been increased to 90,000 bopd as 7 new units with upgraded utilities, infrastructure and offsites were launched in 2009-2012. Utilization of the refinery remained high due to strong demand for oil products both domestically and internationally. Wholesale and export volumes increased compared to the previous quarter.
Upstream and downstream production data for October 2012 will be disclosed on November 9, 2012. Third quarter financial results will be disclosed on November 21, 2012.
Комментарии