The company was founded in 2015. The company's main activities are oil production, and sales. The company's global reach covers several large regions of the Russian Federation: Samara Region, Novosibirsk Region, Tyumen Region, Khanty-Mansi Autonomous District, Perm Territory, Udmurtian Republic, and Komi Republic.
The company has a reputation as a responsible taxpayer and reliable borrower, it conducts an active social and environmental policy and implements charity projects. The company's financial guarantees are secured by stable development trends and growth of basic production indicators. VISTINSKAYA is dynamically developing, increasing its volumes of reserves, and discovering new hydrocarbon fields. In 2016, the ABC1+C2 oil reserves came to 23 million tons. It increased annual oil production 3.3 times.
For successful implementation of its energy efficiency program, Devon analyzes current electric energy consumption levels, produces an energy consumption map, and identifies the main energy consumers. This allows it to significantly reduce electric energy consumption and to use it more rationally.
One of the Group's companies key priorities is to protect the life and health of their employees and the general public from accidents at the facilities and from work-related incidents. The Group's companies carry out their production activities in compliance with the Federal Law On Industrial Safety of Hazardous Industrial Facilities
After completion of the drilling phase, the internal well pad infrastructure and oil production support system are created. Devon uses an individual approach to each well taking into account all its characteristics to select equipment as efficiently as possible.
Devon pays special attention to implementation of projects aiming at associated petroleum gas (APG) utilization increase as well as natural gas production and processing and gas power generation.
Enhancement of prospecting and exploration drilling due to a better quality of 2D and 3D seismic works allowing detailed mapping of hydrocarbon traps with complex structures including in deep formations.
VISTINSKAYA 's development strategy proposes the creation of a vertically integrated oil company whose basic principles remain social responsibility, economic efficiency, and environmental conservation. It is planned to continue the replacement of subsidiary company reserves through geological exploration works. Increasing the portfolio of oil-producing assets that will allow for a stable growth in the level of oil production and sales also remains a priority. For successful implementation of its energy efficiency program, VISTINSKAYA analyzes current electric energy consumption levels, produces an energy consumption map, and identifies the main energy consumers. This allows it to significantly reduce electric energy consumption and to use it more rationally.