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VNG PAO (Russia)

Main Activities: Support Activities for Mining
Secondary Activities: Scientific Research and Development Services
Full name: Volgogradneftegeofizika PAO Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Russian Download a sample report

Volgogradneftegeofizika PAO is a company located in Volgograd, Russia. It was incorporated in 1949 with the aim of providing geophysical support for oil and gas exploration in the Nizhne-Volzhsky region. The company specializes in conducting seismic surveys at all stages of geological exploration, including regional, exploration, and appraisal. They offer comprehensive interpretation of seismic materials and GIS data, allowing for accurate depth-time transformations, complex mapping, and seismic geological modeling. Volgogradneftegeofizika PAO operates seismic survey parties equipped with modern recording systems and equipment, enabling them to conduct 2D and 3D seismic observations year-round. They also have mobile field bases with comfortable living quarters and specialized workshops. The company utilizes advanced vibrational installations from Sercel - Nomad-65 and explosive sources for seismic excitation. They have the necessary permits, storage facilities, and modern technical means for their implementation. Volgogradneftegeofizika PAO has created field computing centers in each seismic survey party for quick analysis of field materials, preliminary geological-seismic representations, seismic observation planning, 3D seismic calculations, and geodetic calculations. Over the years, the company has completed over 200,000 km of 2D seismic surveys and studied more than 70 areas totaling over 8,500 sq. km with 3D seismic surveys. They have also conducted electrical exploration across almost the entire territory of the Volgograd region. Based on their seismic survey data, they have recommended drilling over 400 structures, with more than 70 of them yielding hydrocarbon inflows. They have discovered over 50 hydrocarbon deposits with total reserves exceeding 95 million tons, including the largest one in the Volgograd region, the Pamyatno-Sasovskoye oil field.

Headquarters
Ulitsa Im Bogdanova, 2
Volgograd; Volgograd Oblast; Postal Code: 400011

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Website: http://www.vng.rosgeo.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 30, 1994
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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37.99%
Subsidiaries
Mineraly Povolzhya ZAO
45%
Bishofit Povolzhya OAO
30.5344%
Devonneftegaz ZAO
19%
Company Performance
Financial values in the chart are available after VNG PAO report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RUB. Absolute financial data is included in the purchased report.
Net sales revenue
102.39%
Total operating revenue
102.39%
Operating profit (EBIT)
N/A
EBITDA
959.19%
Net Profit (Loss) for the Period
N/A
Total assets
22.33%
Total equity
3.41%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Quick Ratio
-2.4%
Cash Ratio
-0.38%

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