Investor Presentaiton
STABLE NON-CYCLE DEMAND FROM
RUSSIAN O&G SECTOR
NUMBER OF TOTAL RUNNING WELLS IN RUSSIA
OIL PRODUCTIONS SLIGHTLY DECREASED IN 2020
Oil production
(mn tonnes)
150,770
155,046
154,965
136,492
CHELPIPE
GROUP
547
556
561
513
2017
2018
2019
2020
2017
2018
2019
2020
DRILLING ACTIVITY IS STEADY AND HAS BECOME
MORE COMPLEX...
(km)
48%
51%
48%
39%
28,8
28,7
28,4
28,0
CREATING STABLE DEMAND FOR OCTG
(shipments of OCTG in Russia, mt)
2,3
2,3
2,3
2,2
2017
2018
Drilling Volume
2019
Share of Horizontal Drilling
2020
2017
2018
2019
2020
Source: Company data, Fastmarkets MB, corporate financial statements, FactSet, CDU TEK. Upstream taxes are based on Rosneft's and Lukoil's disclosure. Exchange rate and Brent price are based on FactSet data. Oil production and drilling volume are
based on CDU TEK.
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