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Economic Benefits of Introduction of Digital Planning Complex in Upstream Area Amounted to More Than 2 Billion Rubles

17 October 2019

Rosneft gained economic benefits from the introduction of a digital complex for planning, accounting and monitoring of the well intervention programme efficiency in the amount of more than 2 billion rubles.

The GTM-DB information system is a corporate complex that allows reducing inefficient investments, as well as the costs of well workovers and maintenance.

Introduction of innovative technologies and modern IT solutions is one of the key provisions of the Rosneft-2022 Strategy. The Company pays special attention to innovation and breakthroughs, recognising the technological leadership as an essential element for competitive performance on the oil market.

Using the unique GTM-DB software solution, the Company’s specialists analyze the results of each well intervention and calculate its efficiency. Based on the information received, specialists make optimal management decisions.

Rosneft
Information Division
 October 17, 2019