en.Wedoany.com Reported - Russia's oil and gas extraction services reached 1.459 trillion rubles in the first half of this year, up 0.9% year-on-year compared to the same period in 2025. Data released by the Russian Federal State Statistics Service (Rosstat) shows that 3,361 oil wells were brought into operation during the period, compared to 2,915 in the same period last year; meanwhile, the number of gas wells brought into operation fell from 47 in the first half of 2025 to 22 in the same period this year.

Over the past year, Russia's spending on oil and natural gas extraction services grew by 6%, reaching 3.25 trillion rubles. One of the reasons for the continued expansion of the oilfield services market is the gradual reduction in the industry's demand for foreign technology and equipment. Since sanctions were imposed in 2014, the fuel and energy complex's dependence on imports has declined by more than 20%. This information was disclosed by Alexey Fadeev, Director of Key Partnerships at the Institute of Oil and Gas Technological Initiatives (Институт нефтегазовых технологических инициатив), at the second international forum "Islands of Sustainable Development: Climate and Ecology."

Fadeev noted that Russia's oil services sector had long relied on major Western companies such as Weatherford, Schlumberger, Baker Hughes, and Halliburton. After these companies withdrew, high-tech market segments shifted to Russian firms.

With state support, oil and gas companies are independently developing relevant technologies. Experts point out that authorities began promoting this effort from the very outset of the restrictive measures.