Yuganskneftegaz

Yuganskneftegaz (

oil production complex in Russia. It was formerly the most important production subsidiary of Yukos

, but was expropriated by the Russian government and given to Rosneft, a state-owned company.

Background

Yuganskneftegaz began operations in 1964, and saw significant upgrades in the 1990s that are responsible for bringing its production to their current levels. Yuganskneftegaz was formerly owned by

Andrei Illarionov,^[1] then a senior Putin economic advisor, as "the scam of the year."^[2]

crude oil a day, about 60% of Yukos total, and about 1.6% of the world total. Its main oil fields are Priobskoye, Prirazlomnoye, Mamontovskoye, Malo-Balykskoye, and Salymskoye. According to the annual audit by DeGolyer and MacNaughton, as of 31 December 2006, Yuganskneftegaz' two largest fields, Priobskoye and Prirazlomnoye, contained 33% and 10.7% of Rosneft’s total proved reserves, respectively.^{[citation needed}

]

In 2005, Yuganskneftegaz built and began operating the Booster Pipeline Pumping Station (BPPS) at the Ust-Balykskoye field, six preliminary water removal units (PWRU) and two group pumping stations. In addition, it installed two electric substations and two overhead electric transmission lines stretching a total of 24 kilometres (15 mi). In 2006, Yuganskneftegaz began operating eight group pumping stations, an oil pumping station at the Prirazlomnoye field, another preliminary water removal unit, an external oil pipeline and six additional power generating stations. At the Priobskoye field, another oil production plant was set up and is now operating.

Selected fields

Field	Geological Basin	Annual Production 2004	Reserves	Discovery
Priobskoye field	W. Siberia	437,481		1982
Prirazlomnoye field		NA		NA
Mamontovskoye field		NA		NA
Malo-Balykskoye field		NA
Salymskoye field		NA	NA

Notes:

1. USGS 2002 (Bbbl = "billion barrels of oil"). 2. LOF = large oil fields (>100 million barrels of oil equivalent): GOF = giant oil fields (>500 million barrels of oil equivalent).