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     BP-TNK to increase Production
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Posted on: 2010/1/4 12:39
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BP-TNK to increase Production
BP-TNK will increase their production volumes in 2010

Quote:
The Russian-British company TNK-BP is going to increase its oil production in the framework of the Uvat project in 2010 by 37%, compared to 2008, up to 4 mln tons, the press service of the company quoted the words of Andrei Rublev, General Director of TNK-Uvat. Mr. Rublev said that commercial development of two new fields of the Uvat group – the Urnenskoe and Ust-Tegusskoe fields was started in early February 2009.“Thus, we added two more fields to the Kalchinskoe field, which so far was the only producing field in the Tyumen Region, and produced 2 mln tons of oil in these new fields.


For those worried about the current slow down in investment, this is a reminder of the reality.

The company's increases are based on investments already done. The dearth of investment will cause problems in the futre, not today.
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