RN-Yuganskneftegaz LTD (Russia)

RN-Yuganskneftegaz LTD is a limited liability company located in Nefteyugansk. It was incorporated in 1977 after extensive geological exploration and the discovery of the Ust-Balykskoye oil field in 1961. The company is a key production asset of Rosneft, accounting for approximately 30% of the company's total production. RN-Yuganskneftegaz is involved in geological exploration and development on 41 licensed areas covering over 21,000 square kilometers. In 2021, the company produced over 68.2 million tons of oil and operates a fleet of approximately 20,000 wells, including over 13,000 producing wells. The company has achieved several production milestones, including the extraction of the 500-millionth ton of oil in 2021. It has also made advancements in drilling efficiency and hydraulic fracturing operations. RN-Yuganskneftegaz is committed to environmental and production safety standards and has implemented energy-saving programs. The company has contributed to the reclamation of over 200 hectares of land and has participated in various environmental initiatives, including the preservation of the Siberian sturgeon. With a workforce of over 20,000 employees, the company has implemented comprehensive employee development and social programs. It has also been recognized for its achievements in occupational safety and emergency response. RN-Yuganskneftegaz is actively involved in educational initiatives and has supported the development of educational projects in the region. The company's main activities include geological exploration, development, and operation of hydrocarbon deposits.