Onshore exploration in Russia
The Company’s top priorities are unlocking the resource potential and sustainable use of mineral resources, exercising strict compliance with environmental safety standards, and an extensive application of advanced technologies.
The Rosneft–2022 Strategy, approved by the Company’s Board of Directors, sets out the key exploration targets: to ensure 100% reserve replacement of liquid hydrocarbons and to increase the exploration drilling success rate to 95% by 2022 through the use of advanced technologies and innovative solutions.
The Company has developed and is implementing a set of R&D projects. Finite difference wave field simulations are used to identify optimum parameters for seismic surveys during the design stage. The Company completed projects to model surveillance systems in Eastern and Western Siberia, the Republic of Bashkortostan and the North Caucasus. The Company has deployed advanced seismic data processing and interpretation technologies and detailed velocity-depth modelling in order to improve the exploration drilling success rate. It also continued R&D in the integration of seismic and non-seismic methods.