Oil and Gas exploration and production

Go to Our Business Oil and Gas exploration and production

Increasing the resource base is one of the key priorities of the Company. The goal of our company is to increase production potential, which will improve its performance on the qualitative and quantitative levels. Exploration is one of the tools to reach this goal. Our company continuously increases the volume of geological exploration and works on its efficiency improvement.

By providing enhanced performance, precise control over extraction costs and careful selection of new projects the Company aims to increase the efficiency and profitability of its operations. The main factor for the resource base increase was the use of new technologies in production drilling, as well as more effective planning of exploration.

The company’s priority is to ensure the growth of oil production in the perspective projects and its stabilization in traditional regions. In recent years we have managed to put own records in the production of hydrocarbons, which possible due to the ambitious strategy to develop own high-tech service divisions to ensure production plans fulfillment and to create a competitive environment in terms of price policy and quality of the work performed.

A-Energy has mining licenses for more than 100 licensed areas located in oil-producing regions of the world.

The main factor for the resource base increase was the use of new technologies in production drilling, as well as more effective planning of exploration. In 2016, the number of licensed areas of A-Energy Group grew by 15%.

A-Energy mining companies carry out oil and gas exploration and production on the territory of all the world oil and gas regions.

A-Energy is also a member of dozens PSA and projects for hydrocarbons exploration and production worldwide.