Rosneft has announced its financial and operating results for 2Q15, stating a daily hydrocarbon production increase of 2.0% up to 5.15 million boe/d in 1H15. The company also had an increase in production drilling meterage by more than 30%.
Rosneft maintained operating expenses per unit of RUB158 boe in 1Q15 and 2Q15 in terms of industry inflation rate at 11.5%.
Sustainable positive free cash flow increased up to RUB210 billion in 2Q15 and RUB 340 billion in 1H15 (+45.9% to 1H14).
Edited from press release by Angharad Lock
Read the article online at: https://www.hydrocarbonengineering.com/refining/03092015/rosneft-financial-and-operating-results-for-2q15-1335/