The Rosneft’s subsidiary Vankorneft was founded in 2004. Vankorneft is carrying out the project of the Vankor field development, the largest field to have been discovered and brought into production in Russia in the last 25 years. It is located in the northern part of Eastern Siberia, in Turukhansky District of Krasnoyarsk Territory, 142 km from Igarka. The area of the Vankor field is 416.5 sq. km. As of 1 January 2014 the initial recoverable reserves in the Vankor field are estimated at 500 million tons of oil and condensate, and 182 billion cubic meters of gas (natural and dissolved).
Oil and gas condensate production in 2013 was 21.4 million tons, which is 17% more than in the previous year. Today (as of 1 January 2014) daily production rate is 9% more than at the same period in 2013, which is more than 60 thousand tons. Thanks to applied technology solutions the oil recovery index at the Vankor field is one of the highest in Russia. The field is developed by injection wells, slanted wells, and producing wells with horizontal end sections, which ensures high flow rate. Oil production process is fully automated.
On 13 December 2013 Rosneft has extracted the 70 millionth ton of oil from the Vankor field from the beginning of the production (August 2009).
The Vankor field marked an era in Krasnoyarsk Territory. The region achieved oil producing status, and the economy was given a new development. The best Russian design institutes took part in the development and commissioning of the field. Equipment procurement was carried out by 150 companies, including 65 producer factories. About 90% of equipment delivered to the field is produced in Russia. Vankorneft is the employer for more than 70 enterprises in Krasnoyarsk Territory. They in turn give employment to enterprises and organizations in such related fields as building, metal industry, engineering, service sector, and logistics. Multiplier effect of the Vankor project is represented by job creation for 3-4 employees in service industry per one job in oil industry.
Today Vankorneft staff number amounts to more than 3,000 people, when the average age of the employees is 35. The objective of the enterprise is to increase the number of employees, who live in Krasnoyarsk Territory. This is only possible through training of local middle- and top-ranking specialists. Vocational and technical schools of the region created new disciplines for oil industry. In Igarka, Turukhansk and Krasnoyarsk there're "Rosneft classes" for students of 10th and 11th grades. There starts career guidance training as part of a long-term "School-University-Enterprise" program, which has been practiced in Rosneft since 2005.
Construction of a new training-laboratory building for Petroleum and Gas Institute of Siberian Federal University was carried out with direct involvement of Rosneft. Its opening took place on 1 September 2010, which opened up opportunities to the Krasnoyarsk youth, willing to get a profession in oil industry. The first graduates of Petroleum and Gas Institute, who completed training in "Rosneft classes" are to get their jobs as late as 2015.
More than 400 new jobs were created in 2012 due to new facilities commissioning (mainly central production facilities). In 2013 more than 120 new employees were engaged to perform active Vankor projects. In 2014 Vankorneft is going to create more than 700 jobs, including 312 for development of new fields of the Vankor cluster (Suzunskoe, Tagulskoe, and Lodochnoe).
Since 2004, Vankorneft in terms of partnership and social responsibility historically cooperates with the region, where it is carrying out oil production. Krasnoyarsk Territory annually receives hundreds of million rubles for implementation of social and operational measures as part of long-term agreement between Krasnoyarsk Territory and Rosneft (Vankorneft is Rosneft's subsidiary). These facilities go toward development of social sphere, construction and repair of sports and public sites, demolition of dangerous and hazardous dwellings, modernization of schools, kindergartens, and vocational schools. As part of charitable activity Vankorneft supports World War II veterans and widows, as well as indigenous minorities of the North, sponsors local and regional cultural and sporting events, pays for expensive medical treatment of children, funds hospitals for modern medical equipment.
8 November 2013 Rosneft’s Board of Directors approved Vankorneft as an operator of three business projects: Lodochnoye, Suzunskoye and Tagulskoye fields. These fields are located in the north of the Krasnoyarsk Territoryin immediate neighborhood of the Vankor field.
Based on Vankorneft, a joint oilfields control circuit will enable to consolidate efforts in the area of exploration, production, construction of respective infrastructure, logistics, staff management etc. Successfully tested at Vankor, the technology solutions are to be applied for the new oilfields of the Vankor Cluster.
Commercial oil production is to start from the Suzunskoe field commissioning. It is better explored, and has high-quality light oil. Experimental program at the Suzunskoe field has been realized since 2007. As part of this program 6 wells were drilled at well pad No. 1.
The Tagulskoe oil, gas, and condensate field has unique geological features, and is at the supplementary exploration stage. There were drilled 11 exploration wells, carried out more than 733.5 square km of 3D seismic surveying, and 705 linear km MOGT-2D over the 2004 to 2013 period. Supplementary exploration works and search of fresh hydrocarbon reserves are planned to be performed in 2014.
13 December 2013 – 70 million tons of oil were produced at the field.
8 November 2013. Rosneft’s Board of Directors approved Vankorneft as an operator of three business projects: Lodochnoye, Suzunskoye and Tagulskoye fields.
6 January 2013. Rosneft produced 50-millionth ton of oil since the beginning of the Vankor field development.
16 April 2012. First oil discovery at the central production facility. Production break-in of First Phase Commissioning began 4 years after construction and installation works.
18.3 million tons of oil were produced at the field.
15 million tons of oil were produced at the field.
12.7 million tons of oil were produced at the field.
21 August 2009 – formal ceremony of launch of commercial production at the Vankor field.
Initial recoverable reserves of oil and condensate increased from 125 (as of the beginning of 2004) to 525 million tons.
7 May 2009 – welding of “golden joint” located 88 km en route the oil pipeline section between the Vankor field and Purpe village. The pipeline is 556 km long.
Production drilling project implementation, field facilities construction and main pipeline construction.
12 February 2004 – registration of Vankorneft. Beginning of oil and gas exploration project at the Vankor field.
22 April 1988 – deposit discovery.