JSC Gazprom Neft increased oil production by 7% in January 2007.

Oil production was 2 789 072 tons in 2007 that is by 7% more than it was in the same period of the last year.

Subsidiaries’ production in January 2007 was the following: OJSC Sibneft- Noyabrskneftegaz- 2 203 080 tons, JSC Sibneft-Khantos - 473 038 tons, JSC Sibneft-Vostok - 112 954 tons.

In January 2007 37 walls were brought in, additional 38 340 tons of oil were produced. After hydraulic fracture 16 walls were brought in, total oil production from these walls was 8 740 tons.

Totally in January 2007 there were interventions in 86 walls, expected oil production was 53 185 tons.