Russian market of oilfield services

ANNOTATION

2

THE COMPLETE CONTENTS LIST

3

THE LIST OF DIAGRAMS

5

THE LIST OF TABLES

6

OIL PRODUCTION IN RUSSIA

7

Oil production volume and dynamics, 2009 outcome

8

Oil production broken down by companies

8

Projects

9

Oil production by regions of Russia

10

Western Siberia

10

European part

12

Eastern Siberia

12

Far East

13

Oil export

13

Oil production in January-May 2010

13

Oil production breakdown by companies

14

New fields of YNAD and KMAD

14

Oil export

14

Oil production and export forecast for 2010-2013

14

MARKET of OILFIELD SERVICEs

16

State-of-the-art and development trends of the market of oilfield services, impact of the crisis

16

Oilfield service market volume

17

General forecast of oilfield services market volume till 2014:

18

Market structure

18

Major players

18

VIOCs

19

Independent Russian service companies

21

Global leaders at the Russian oilfield service market

23

Sсhlumberger

23

Halliburton

25

Baker Hughes

26

Weatherford

26

Geologic exploration

27

Market of drilling services

30

Dynamics and volume of the drilling services market in natural terms

30

Production drilling in 2009

34

Production drilling in Q1 2010

35

Exploration drilling in 2009

36

Exploration drilling in Q1 2010

36

Drilling service market volume in monetary terms

37

Drilling market participants

37

OJSC Surgutneftegas

37

Eurasia Drilling Company

37

Service Drilling Company LLC

38

LUKOIL Uzbekistan Operating Company LLC

38

Regional structure of drilling services market

38

Market development forecast till 2014

38

Construction of new wells

39

Dynamics of oil well stock

41

Production figures of new oilfields

43

Market of geophysical services

44

Seismic surveys volumes

44

Major market players

45

Integra Group

45

TNG-Group LLC

46

Novik LLC

46

CJSC Geotech Holding

46

Independent geophysical companies

48

Technological solutions

49

Sidetracking

49

Market of drilling fluid services

50

Well repair

52

Market structure

52

Forecast of well repair market growth

52

Price situation in the industry

52

MARKET OF OILFIELD EQUIPMENT

53

Market of drilling rigs

53

Key producers of drilling rigs

53

Integra Group  - CJSC Uralmash - Drilling Equipment

53

Volgograd Drilling Equipment Plant (VDEP) LLC

54

Kungur Group

54

New market players

55

OJSC Uralmashzavod

55

OJSC Scientific and Production Corporation  Uralvagonzavod (UVZ)

55

Foreign companies at the Russian market

56

Bentec

56

Chinese manufacturers

56

LeTourneau Technologies

56

Top Drive Systems (TDS)

56

Domestic TDSs

56

Market of drill bits

58

World market

58

Foreign players at the Russian market

58

Domestic manufacturers

58

VBM-Group

59

Research and Production Enterprise  (NPP) Burintech

59

Fig. 1. Dynamics of average daily production of oil in Russia in 2008-2009, ktons      

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Fig. 2. Rating of oil producing enterprises of Russia by production of oil with gas condensate in December 2009, %

9

Fig. 3. Oilfield service market structure broken down by contractors, %         

19

Fig. 4. Public financing of  geological explorations for raw hydrocarbons, 2004-2010, bln RUB         

28

Fig. 5. Breakdown of subsoil users' expenses on geological explorations for oil and gas         

29

Fig. 6. Meterage drilled in the oil industry of Russia in 2005-2009, thsd.m      

30

Fig. 7. Dynamics of production drilling meterage in Russia in 2008-2009, thsd. m       

30

Fig. 8. Dynamics of exploration drilling meterage in Russia in 2008-2009, thsd. m      

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Fig. 9. Drilling meterage rating of oil-producing enterprises of Russia in December 2009, %   

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Fig. 10. Share of  participation of oil companies in production drilling in Russia in 2009          

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Fig. 11. Share of participation of oil companies in exploration drilling in Russia in 2009           

36

Fig. 12. Placement of new wells on production in Russia during 2006-2009    

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Fig. 13. Rating of oil producing enterprises by  placement of new wells on production in January-December 2009, %

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Fig. 14. Dynamics of VIOC's operating oil well stock (as of the 1st of the month), wells        

41

Fig. 15. Dynamics of VIOC's inactive oil well stock (as of the 1st of the month), wells           

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Fig. 16. Oil producing well stock rating in December 2009, %

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Fig. 17. Rating of oil-producing companies by operations at new fields, with  in-service date no more than  5 years, in December 2009, %    

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Fig. 18. Volume of 2D seismic surveys financed from federal budget resources, thsd. running km       

45

Fig. 19. Shares of major players of the Russian market of seismic operations  

45

Table1. Production of oil with condensate in Russia and worldwide in 1970-2009.     

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Table 2. Average daily production of oil with gas condensate in December 2009, ktons         

8

Table3. Regional oil and condensate production in Russia in 2008-2009, mln tons      

10

Table4. Oil production in Western Siberia in 1970-2009 in certain RF subjects*        

11

Table5. Production and replacement of hydrocarbon resource base in Russia in 2005-2009   

27

Table6. Financing of geological explorations for hydrocarbons in the RF in 2001-2009, bln RUR

28

Table7. Priority areas of geological explorations for oil and gas in 2009 and forecast for 2010 from federal budget resources, mln RUB

29

Table8. Well drilling in the oil industry, thsd. m,  2009 

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Table9. Well drilling in the oil industry in Q1 2009 and 2010, thsd.m  

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Table10. Placement of new wells on production in 2009, wells           

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Table11. Use of oil well stock in December 2009, wells         

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Table12. Key production figures at new fields, with in-service dates no more than  5 years in 2009

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Table13. RF technological services market forecast, 2007-2014:       

49

Table14. Forecast of well repair market growth, 2007-2014  

52