Exploration & Production The Company’s vast oil reserves and its resource base are situated in Russia’s oil-producing regions.The Company takes active steps to build up its resources, boost production and develop new oil-producing regions. Bashpetrol refinery implement various modern instruments and methods for the exploration of crude oil and gaseous products. Electrical exploration: This is based on a different electrical conductivity of rocks. So, granite, limestone, sandstone, saturated salt mineralized water, conduct electricity well, and clay, sandstone saturated with oil, have very low electrical conductivity. Gravimetric: This is based on the dependence of gravity on the Earth's surface from the rock density. Species saturated with oil or gas, have a lower density than the same rocks containing water. Task of gravity is definitely the place to the low gravity. Geological and geophysical methods: mainly reveal the structure of rocks and strata siege possible traps for oil and gas. However, the presence of the trap does not mean the presence of oil or gas deposits. Identify the total number of detected structures are those that are most promising for oil and gas drilling without help hydro geochemical research methods bowels. Hydro chemical method: This is based on the study of the chemical composition of the groundwater and the content of dissolved gases and organic substances, in particular arena. As you approach the reservoir concentration of these components in water increases, which suggests the presence of traps in the oil or gas. Stages of exploration: Preparation for deep space exploration drilling Regional geological and geophysical work The search for deposits Bashpetrol LLC success stems from being pioneers and partners. We focus on identifying assets that are capable of providing significant and sustainable growth, capturing as high an equity position as possible in frontier areas, using our strong technical and commercial expertise and working with our partners to take our assets from discovery to development safely. We create transformational growth from this focused exploration, as part of a well-balanced and sustainable portfolio approach including development and production which provides the free cash flow to fund exploration activity.