"According to preliminary data, the company's units will have produced 80.6 million tons of oil and gas condensate, which is 8.2% more than the 2005 figure," Russia's third largest crude producer said after a board session Friday.
The oil production growth is mainly due to the commissioning of new wells in Rosneft-Yuganskneftegaz, Rosneft-Severnaya neft, Rosneft-Sakhalinmorneftegas [RTS: SKGZ] and Rosneft-Krasnodarneftegaz [RTS: KDNG], as well as due to increased production volumes on the Sakhalin I oil and gas project on the northeast shelf of Sakhalin Island in Russia's Far East and acquisition of oil producer Udmurtneft.
In 2006, state-controlled Rosneft drilled and commissioned 411 new oil wells, or 26.1% more than last year.
According to preliminary data, gas production in 2006 will be 13.63 billion cubic meters, 4.2% more than the 2005 figure (13.1 billion cu m).
Rosneft said it will raise oil and gas condensate production by 11.7% to 90 million tons in 2007.
