The history of Oil Company “Master-Neft” begins on May 1, 2010. The main activity of the company since its foundation is well servicing and workover. The company initially had narrow specialization, but today it has significantly expanded the area and geography of its activity.
In 2012, after only two years since foundation, the subdivision in Kogalym was opened. At this stage of its development, the company implemented the whole range of works on wells repair and on enhancing recoverable oil.
Today the company is promising and dynamically developing. For instance, from 2011 to 2014 the number of crews in Timan-Pechora Basin has grown from 10 to 16. The increase in productive capacity and growth of staff strength of LLC Oil Company “Master-Neft” is a natural process caused by the successful development of the company.
Another important indicator of the strengthening position of the company is business projects abroad: drilling projects in Africa, productive capacity in the United States.
Today the company is the main contractor when carrying out works on repair of wells at the facilities of LLC “LUKOIL-West Siberia”, LLC “LUKOIL-Komi”.
The Company is working on modernization of productive capacity, buying new lifting assemblies, and other advanced equipment, aimed at facilitating the hard work of the repairmen.
Every year the company’s performance improves. Often, the company manages to be ahead of the schedule by optimizing production processes.
According to the results of 2013 the company is one of the best service companies for workover and underground repair of wells in the Usinsk region. The production program for the seven months of 2014 is made in accordance with the client’s plans. The number of well servicing works carried out in 2015 is 2173.