Reserves and production
As of 31 December 2012, Gazprom Neft and its subsidiaries hold the mineral rights to 74 license areas located in 11 regions of Russia. In Serbia, the Gazprom Neft's subsidiary Naftna Industrija Srbije, holds 69 licenses. Based on an audit of reserves conducted by DeGolyer and MacNaughton and according to the Petroleum Resources Management System standards, the company's proven reserves at the end of 2012 totaled 1.2 billion tonnes of oil equivalent, and its reserve replacement ratio was over 286%.
Most of the company's oil production operations in Russia are carried out by three subsidiaries: Gazpromneft-Noyabrskneftegaz, Gazpromneft-Khantos and Gazpromneft-Vostok. These companies are developing fields in the Yamalo-Nenets and Khanty-Mansi autonomous areas and the Omsk, Tomsk, Tyumen and Irkutsk regions. Gazprom Neft also holds 50% stakes in three dependent companies: Slavneft, Tomskneft and Salym Petroleum Development. Together with Novatek, it owns Arktikgaz.
Refining
In 2012, Gazprom Neft refined 43.3 million tonnes of oil. The company wholly or partly owns 5 oil refineries (the Omsk Refinery, Moscow Refinery, and Yaroslavl Refinery in Russia, along with two oil refineries in Pančevo and Novi Sad in Serbia that belong to Naftna Industrija Srbije). In January 2026, it was announced that Gazprom Neft had signed a heads of agreement to sell its 56.15 per cent stake in Naftna Industrija Srbije to MOL Group for an undisclosed sum. The proposed transaction was subject to regulatory approvals and the execution of a final sale and purchase agreement.
Sales
The company operates around 1,100 filling stations in Russia under the 'Gazpromneft' trademark (unlike the name of the company, the filling station brand is written as one word). In total, the company's retail network consists of more than 1,600 filling stations, including in Tajikistan, Kazakhstan, Kyrgyzstan, Belarus, Ukraine and Serbia (mostly under the NIS brand). According to research by Romir Holding, the Gazpromneft brand is one of the top 3 filling station brands in Russia. In April 2011, it won the "Brand of the Year/Effie" award. In 2013 the company's own fuel brands, G-Drive and G-Energy, also received this award. Nielsen, a global information and measurement company, named both Gazpromneft and G-Drive among the top three most popular brands in their categories.
The company also owns a number of distribution companies in the bunkering (Gazpromneft Marine Bunker) and aviation fuel (Gazpromneft-Aero) businesses, as well as a fuel and lubricant production business (Gazpromneft-Lubricants). Production of motor oils under the G-Energy premium brand began in 2010. British actor Jason Statham became the face of G-Energy's advertising campaign in 2011.[23] In addition to G-Energy, the company's oils and lubricants are also sold under the Gazpromneft (industrial oils and lubricants), SibiMotor (light vehicles and commercial transport) and Texaco (marine oils, produced under Chevron's license) brands with over 300 trade names.
The company's production volume in 2012 increased by 4.3% to 59.8 tonnes of oil equivalent.
In 2012, Gazprom Neft switched from US GAAP reporting in dollars to International Financial Reporting Standards (IFRS) reporting in rubles.
Oil fields development
Novoportovskoye field
The recoverable C1+ C2 reserves of the Novoportovskoye oil and gas condensate field total over 230 million tonnes of oil and over 270 e9m3 of gas. The field is located in the Yamal District of the Yamalo-Nenets Autonomous Area, 30 km from the Gulf of Ob. The license for the Novoportovskoye field belongs to Gazprom Neft Novy Port with Gazprom Neft as the operator of the project. In spring 2011, Gazprom Neft confirmed the viability of year-round supply from the field by sea.
The Novoportovskoye field will be developed in two phases, first focussing on the southern part of the field where peak production will reach 5 mln tonnes of oil per year. The second phase will look at the northern part of the field, where peak production is expected to reach 3 mln tonnes of oil per year.
Messoyakha fields
The Messoyakha Group of oil and gas fields consists of the West-Messoyakha and East-Messoyakha sites. Messoyakhaneftegas, an equally owned joint venture with TNK-BP, holds the licenses for both blocks with Gazprom Neft as operator. The recoverable C1+C2 reserves of both blocks total 620 million tonnes of primarily heavy oil.
The fields were discovered in the 1980s and are the most northern-located onshore Russian fields. The Messoyakha oil and gas fields are located on the Gyda Peninsula in the Tazovsky District of the Yamalo-Nenets Autonomous Area - an Arctic climate zone with undeveloped infrastructure.
Novoportovskoye field
The recoverable C1+ C2 reserves of the Novoportovskoye oil and gas condensate field total over 230 million tonnes of oil and over 270 e9m3 of gas. The field is located in the Yamal District of the Yamalo-Nenets Autonomous Area, 30 km from the Gulf of Ob. The license for the Novoportovskoye field belongs to Gazprom Neft Novy Port with Gazprom Neft as the operator of the project. In spring 2011, Gazprom Neft confirmed the viability of year-round supply from the field by sea.
The Novoportovskoye field will be developed in two phases, first focussing on the southern part of the field where peak production will reach 5 mln tonnes of oil per year. The second phase will look at the northern part of the field, where peak production is expected to reach 3 mln tonnes of oil per year.
Messoyakha fields
The Messoyakha Group of oil and gas fields consists of the West-Messoyakha and East-Messoyakha sites. Messoyakhaneftegas, an equally owned joint venture with TNK-BP, holds the licenses for both blocks with Gazprom Neft as operator. The recoverable C1+C2 reserves of both blocks total 620 million tonnes of primarily heavy oil.
The fields were discovered in the 1980s and are the most northern-located onshore Russian fields. The Messoyakha oil and gas fields are located on the Gyda Peninsula in the Tazovsky District of the Yamalo-Nenets Autonomous Area - an Arctic climate zone with undeveloped infrastructure.
By 2020, the Messoyakha fields are expected to be producing eight million tonnes per year, with the first million produced by 2016.
International projects
The service contract for development of the oil field was signed in the beginning of 2010. The winning bid was submitted by a consortium of companies consisting of:
The Badra oil field development project is scheduled to last 20 years with a possible five-year extension. Production is expected to reach 170,000 barrels of oil per day, which is around 8.5 million tons a year by 2017, and it will remain at this level for seven years.
Over a short period, new infrastructure for the field's commercial development has been installed at the oil field. It allowed for the commercial production of oil to begin in May 2014.
The first line of the central processing facility (CPF) has already been put into operation with a capacity of 60 thousand barrels per day. Oil gathering and preparation are carried out at this industrial facility. The Badra field was connected to the main Iraqi oil pipeline system by a 165-kilometer-long pipeline.
In the Iraqi's point of view, the Badra oil field in one of the most difficult in the region, primarily due to geological circumstances. The geological structure of the deposit can be compared with a "layer cake": argillaceous deposits are interleaved by limestone, which makes drilling difficult. Therefore, specialists are facing a more labor-intensive task. At the moment all these difficulties have been successfully overcome. Three development wells have now been constructed, successfully tested and their outputs have exceeded planned expectations.
New innovative technologies are applied at Badra. Among them are:
Solar panels can be another example of the usage of modern technologies. They allow the block valve station to work independently from electricity.
The Badra oil field development consortium annually invests in education, medicine and other social projects in Iraq.
