Our Company Overview

Sibinvestnafta is one of the largest independent producers and traders of oil and gas operating in Russian Federation and the CIS. Our purpose is to harness natural energy resources for human benefit.

Although the Company mainly operates in the Russian Federation, it implements the strategy of an efficient reserves increase and expansion of the territory of its activities not only outside the, but out of the Russian Federation as well. Spin-off of the company's interests was the reason for opening the subsidiaries in the Asian, Middle Eastern, African and near-abroad countries.

We aim to support long-term economic growth, social stability, prosperity and progress in the regions where we operate, as well as caring for the environment and ensuring sustainable use of natural resources We want to achieve consistent and long-term growth of our business.

We advance technologies with collaborative efforts that offer participants opportunities to develop ideas quickly, effectively and at lower cost. These development efforts are conducted with industry partners, ranging from individuals, universities, service providers, consortia and joint-industry projects; then we compete in how well we apply these efforts within our own businesses. Developing and applying technology is a shared responsibility.

The majority of ongoing operations incorporate horizontal wells, many with laterals over two-miles in length. Other operations include deepwater and conventional developments.

The focus of each of these efforts is to deliver fit-for-purpose wellbores at the lowest possible cost over the life of the lease. Technology efforts for drilling operations are focused upon managed pressure drilling techniques to improve drilling efficiency and reduce safety and environmental risks.

One area of technology focus is upon artificial lift systems to prevent liquid loading in long vertical and horizontal well sections. A second focus area is upon technologies to treat produced water for use/reuse as drilling and completion fluids.