History
2024: Burservice bought Nafta Drilling Company
JSC Burservice"," which owns the former assets of the American Halliburton in, Russia filed a petition Federal Antimonopoly Service for the acquisition of Nafta Drilling Company LLC. The FAS presented such data in December 2024.
According to Kommersant, Nafta Drilling Company, founded in 2018, operates production bases in Nefteyugansk and Pyt-Yakh, Khanty-Mansiysk Autonomous Okrug. The company specializes in geological exploration and production drilling, drilling 35 thousand meters at the Urnensky and Zapadno-Epassky fields in the Tyumen region. According to the Unified State Register of Legal Entities, through ATG LLC, the company is controlled by Otgay Aslanov. In 2023, Nafta Drilling Company's revenue amounted to ₽2,18 billion, net profit - ₽112,7 million.
Burservice received Halliburton's Russian assets in 2022 after the American company left Russia. According to the analytical company Vygon Consulting, Halliburton's share in the Russian oilfield services market was 2%. Burservice's revenue in 2023 reached ₽39,5 billion, and net profit - ₽12,03 billion.
Managing partner of Kasatkin Consulting Dmitry Kasatkin said that in conditions of a high rate, consolidation in the oilfield service market is possible, but there is no bright trend for the absorption of independent players by the internal divisions of vertically integrated oil companies.
According to Kasatkin Consulting forecasts, the turnover of the Russian oilfield service market in 2024 will reach ₽2,29 trillion, an increase of 1.86% compared to 2023. Independent oilfield services companies account for 50% of the market, with the largest segment with a 37% share of drilling. Until 2026, analysts expect annual growth of the entire oilfield service market by 4%, and the drilling segment - by 5%.
Among the key customers of Burservice are Gazprom neft"," LUKOIL and. NOVATEK The company's production bases and offices are located in,, and Nizhnevartovsk. New Urengoe According Nefteyugansk to Kasatkin Consulting analysts, the demand for oilfield services will continue to grow amid worsening production conditions and gaps in technological equipment.[1]
Notes
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