Joint Stock Company UZBEKNEFTEGAZ Joint Stock Company UZGEOBURNEFTEGAZ
Joint Stock Company “UZBEKNEFTEGAZ” Joint Stock Company “UZGEOBURNEFTEGAZ” Joint Stock Company “BUKHORONEFTGAZPARMALASH” 2017
CONTENT 1. General information. 2. The company’s history. 3. The main activity category. 4. Productive capacity. 5. Equipment modernization. 6. Vehicle’s fleet. 7. Human resources. 8. Quality Management System ISO 9001 : 2008 9. Information about shareholders. 10. Organizational structure. 11. Report on fulfilled volume of works for 10 year period (2009 -2016). 12. Forecast on fulfilled volume of works and cash inflow for 2015 -2020. 13. Our partner. 14. Potential rivals. 15. Contact information.
GENERAL INFORMATION JSC “BUKHORONEFTGAZPARMALASH” – a drilling company, which provides service on drilling oil and gas wells. The company carries out the activity in Bukhara - Khiva and Ustyurt oil-andgas regions. The company’s considerable production capacities and equipment allow rendering services in oil field at the qualitative level. The realized business - strategy of JSC" BUKHORONEFTGAZPARMALASH” is urged to provide the sustainable and balanced development of oil-extracting resources for the Customers and highly skilled level of workforce. Possessing a unique manpower, the staff of our drilling crews differs in highly skilled personnel. Each employee has an experience of working on drilling rigs Uralmash – ZD, Uralmash – 4 E and ZJ – 50 and the average seniority is 8 - 10 years. The company has already had experience in service provision on drilling wells to the large regional oil and gas extraction enterprises, such as LLC Mubarekneftegaz, LLC Gazlineftegazdobycha and LLC Ustyurtgaz.
THE COMPANY’S HISTORY 1959 -1964 16 January 1959 – The enterprise creation, which was on basis of prospecting drilling office No. 1 NPU "Bukhoroneftgaz", since June 4, 1964 it has transformed to "Bukhoroburneft" 1970 August 20, 1970 on the basis of liquidated “Bukhoroburneft” trust and its Karaulbazar prospecting drilling office there was created Bukhara drilling department. 1996 Since 1996 Bukhara drilling department has transformed into “Bukhoroneftgazp armalash” Open Joint Stock Company. 2014 18 November, 2014 - according to the law of the Republic of Uzbekistan No. 370, 06. 05. 2014, OJSC “Bukhoroneftgazpar malash” was renamed into JSC “Bukhoroneftgazpar malash”.
THE MAIN ACTIVITY CATEGORY Drilling oil and gas wells of any purpose (production and appraisal, including coring) and profile (vertical, directional and horizontal).
THE MAIN ACTIVITY CATEGORY Boring crews of JSC “Bukhoroneftgazparmalash” have experience of drilling in difficult geological conditions, such as Kokdumalak and Northern Urtabulak fields (drilling in leach zones), Chilkuvar field (drilling in zones of abnormally high formation pressure), "Southern Kemachi“ and "Dengizkul" fields (drilling vertical, directional and horizontal wells in zones of abnormally low formation pressure).
PRODUCTIVE CAPACITY Today, park of drilling rigs of our enterprise consists of 11 units, 5 th of them are modern Chinese machines; other 6 machines are Russian production Uralmash 3 D and 4 E. JSC “Bukhoroneftgazparmalash” has in its division CTS (central technical service), three regional technical services (RTS – 1, 2, 3), 11 boring crews, base of production service (BPS) which includes mechanical shop, construction shop, a rolling repair shop, an electro-repair shop, binding shop (blowout equipment) and car garage.
EQUIPMENT MODERNIZATION For the purpose of updating and modernization of JSC “Bukhoroneftgazparmalash” drilling rigs, it is supported updating and replacement of an outdated drilling equipment stage-by-stage, so for example in 2015 two sets of overhead driving gear system (TDS) DQ 50 BQ-JH with rails and replacement accessories Instruments have been received, TDS have been mounted on drilling rigs ZJ 50 DB in Southern Kemachi’s wells No 140 and 136. The remained three machines Chinese production, it is also planned installation of TDS in 2017. In total following the results of updating and modernization in 2016, equipments have been received and mounted on drilling rigs for 5, 823 million US dollars.
VEHICLE’S FLEET Vehicle’s fleet includes – 68 units of various technical equipment. There are: - 14 passenger car - 21 lorries - 16 busesавтобусов - 17 units of special technical equipments (cranes, bulldozers, truck tractor)
HUMAN RESOURCES Total number of the staff – 1040 Including: - 13 people - company management - 62 people – office workers - 965 people – industrial workers EDUCATION higher 15% secondary 45% secondary special 40% Среднее специальное Высшее
HUMAN RESOURCES Considering the modern management requirements to jointstock companies, in 2016 the company management was trained on “Bases of Management Economic Society" in the National center of training specialists for the new markets, in addition 4 persons of the economic block including chief accountant were trained at the rate of "Practical Application and Formation of Financial Statements according to the International Standards" in Republican Business school. In 2017 more than 50 people will be trained at other different specialized courses including abroad.
QUALITY MANAGEMENT SYSTEM ISO 9001 : 2008 To implement company’s development strategy it is planned to obtain certificate of conformity according to standards required by quality management system in construction all types of operational and appraisal oil and gas wells, and also the other services connected with drilling in the current year for 2015 -2020.
INFORMATION ABOUT SHAREHOLDERS The list of the persons owning shares of JSC “Bukhoroneftgazparmalash” as of 01. 2017: Work collective and other natural persons 27% JSC “UZGEOBURNEFTEGAZ” 51% LLC “Integra Eurasia” JSC “UZGEOBURNEFTEGAZ” LLC "Integra Eurasia" Work collective and other natural persons
ORGANIZATIONAL STRUCTURE
REPORT ON FULFILLED VOLUME OF WORKS FOR 10 YEAR PERIOD (2006 -2016) Drilled metresметраж ( headway ) 80000 68548 70000 60016 60000 56450 55731 52256 51306 50000 44685 40005 44015 37005 40000 39126 30000 20000 10000 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
REPORT ON FULFILLED VOLUME OF WORKS FOR 10 YEAR PERIOD (2005 -2015) Quantity of wells finished by construction 30 26 25 26 23 22 20 18 18 17 15 15 15 2011 2012 17 15 10 5 0 2006 2007 2008 2009 2010 2013 2014 2015 2016 The decrease in the number of delivered wells from 2013 is explained by the increase in the number of drilling of directional and horizontal wells
INFORMATION ON OVERALL DRILLING SPEED Following the results of 2016 an average amount of the actual overall drilling speed reached 547 m/machine*month. At the same time on the field Southern Kemachi (vertical wells) the indicator of the actual overall drilling speed at designed speed 651 m / machine*month has reached 773 m/machine*month.
INFORMATION ON OVERALL DRILLING SPEED During drilling well No. 47 Northern Berdakh, the field in Ustyurt region, at designed speed 600 m/ machine*month the actual overall drilling speed reached 1044 m/machine*month.
FORECAST ON FULFILLED VOLUME OF WORKS AND CASH INFLOW FOR 2015 -2020 № I II Item Headway unit of measure metre Development of Million $ capital investments Forecast 2015 (fact) 2016 2017 2018 2019 2020 51306 44015 50000 52000 55000 57000 52, 669 51, 620 54, 093 54, 627 58, 719 60, 499 III Balance profit Million $ 1, 512 1, 655 1, 708 1, 815 1, 851 1, 9573 IV Net profit Million $ 1, 228 1, 317 1, 388 1, 459 1, 512 1, 584 * - the sum in US dollars is specified according to the established official rate of the Central Bank Republic of Uzbekistan as of 1/1/2016.
OUR PARTNERS Oil and gas extracting companies : -LLC «Mubarekneftegaz» - LLC «Gazlineftedobicha» - LLC «Ustyurtgaz» Service companies : -JSC «Neft va kuduklarni sinash» - provides service on drilling directional and horizontal wells.
POTENTIAL RIVALS Drilling companies which are part of JSC “UZGEOBURNEFTEGAZ” : - JSC «Qashkadaryo prmalash ishlari» - LLC «Ustyurt URB» - JSC «Surxondaryo parmalash ishlari» - JSC «Kokand parmalash ishlari»
CONTACT INFORMATION Address: 200900, Republic of Uzbekistan, Bukhara region Karaulbazar city, Buyuk Ipak Yuli str. 4 Tel. : +998 -65 - 364 -16 -02; Fax: +998 -65 - 364 -17 -96; Е-mail: info @bngp. uz , buxngp@uzgbng. uz , buhoro-ngp@mail. ru official web-site : www. bngp. uz. Chairman of the board – Rahmatov Faez Hikmatovich
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