Exploration

Miak Nafta Refinery carries out exploration works with the purpose of expanding the resource base. Exploration activities have been consistently delivering good results driven by the advanced exploration techniques and selection of the most promising areas based on research results. To increase the success of exploration drilling, step-by-step implementation of advanced technologies for processing and interpreting seismic data continued. In particular, innovative approaches to account for inhomogeneities of the upper part of the column are used to minimize the forecast error for structures. At the design stage, finite-difference modeling of the wave field is carried out to select the optimal parameters of the seismic survey.

Upstream System

Exploration and production of oil and gas are the central pillar of the Miak Nafta Refinery Group business. Our upstream operations cover twelve countries and are mostly concentrated in Russia, Central Asia, and the Middle East. Our key competitive advantages are:

  • Rich reserve base
  • Low production cost of conventional barrels
  • Vast experience in large scale projects
  • Technological expertise

Downstream System

Developing downstream segment helps us to decrease dependence from the price volatility and strengthen competitiveness by delivering high added value products. Miak Nafta Refinery delivers a wide range of high-quality oil products, gas processing products and petrochemicals; and manages wholesale and retail sales in various countries. Our key competitive advantages are:

  • Leadership in refining efficiency
  • Favorable location of refineries and proximity to sales markets
  • Product range and high quality of products
  • Development of premium distribution channels

Research

Most of our international exploration activities in 2018 were concentrated holding 60% as project operator and INPEX CORPORATION holding 40%). 3D seismic surveys were conducted at within the approved exploration program, with a fourth well drilled to completion at the large discovered field, producing a commercial flow of dry crude oil. The surveys confirmed the field's current geological model and expanded the oil-bearing area. In the medium term, several more appraisal wells are planned for drilling and testing, along with more 3D seismic surveys to finalize the field's reserves estimate. 2D seismic surveys are planned to be completed within the remaining area to determine further targets for exploration.
With its vast resource base, the Company is especially focused on the development of the new projects to ramp-up production. The new projects include both development of new fields and enhancing recovery at mature fields through the use of advanced technologies, increased production drilling, and a higher number of EOR operations.
Our business model is driven by the principle of efficient vertical integration to create added value and make our business highly resilient through risk diversification.
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Get In Touch

Contact Info

Phone number

+7 (495)-203-2639
+7 (926)-806-1337

Email address

sales@miaknaftarefinery.ru

admin@miaknaftarefinery.ru

Address info

117449 , Moscow , Shvernik street, house 13, building 1, floor 3, room 2