The oil and gas extracting division "Kharampurneft" seven years ago became the part of "Rosneft-Purneftegas" company. The number of employees - about 1000. The division develops three oil fields: Kharampusky, South-Kharampursky and Festivalny. The output of gushing oil extraction is gradually increasing and at present reached 1 million tons per year.
The exploitation fund of oil wells by January 1, 1997, was as follows:
In 1996 2 261 749 tons of oil were produced.
In the course of 1996 121 314 million roubles were invested in the oil fields development. The pipelines, a pumping station in Kharampursky field, the Centre of Culture and Sports and a hostel were built in this period of time.