Operations
Panyelskaya Oil and Gas ranks one of the leading oil production companies among the enterprises in Ukhta - Republic of Komi. The company's team of thousands is engaged in geological study, exploration, prospecting and production of hydrocarbon raw materials, oil and gas sales, as well as oil transportation and storage. The current production levels utilise under 20% of its capacity.
LLC Panyelskaya Oil and Gas Company owns and operates Six Oil fields in both Komi and Siberian Sea and engages in geologic exploration and development of oil and gas fields. The sound resource base ensures the stability of production activities and achievement of targeted volumes of hydrocarbon production. LLC Panyelskaya Oil and Gas Company carries out a significant volume of exploration work, extends the portfolio of licenses showing stable replenishment of oil and gas reserves.
The work is based on modern principles of resource and energy saving, industrial and environmental safety, social partnership with the Republic of Komi.