Gazprom Neft Board As of 31 December 2012, Gazprom Neft and its subsidiaries hold the mineral rights to 74 license areas located in 11 regions of Russia. In Serbia, the Gazprom Neft's subsidiary Naftna Industrija Srbije, holds 69 licenses. Based on an audit of reserves conducted by DeGolyer and MacNaughton and according to the Petroleum Resources Management System standards, the company's proven reserves at the end of 2012 totaled 1.2 billion tonnes of oil equivalent, and its reserve replacement ratio was over 286%. Most of the company's oil production operations in Russia are carried out by three subsidiaries: Gazpromneft-Noyabrskneftegaz, Gazpromneft-Khantos and Gazpromneft-Vostok.
Gazprom Neft Kut, allowing students from the surrounding villages to regularly attend classes. In Badra City additional buildings for three secondary schools have been built in 2014. Moreover, Gazprom Neft provided modern computer equipment to the schools of the city. Gazprom Neft financed the renovation of the town medical clinic in Badra and supplied an emergency medical care unit with modern medical equipment. Also, the renovation and construction of power grids in Badra was financed in 2013. For the town of Badra the oil field is, in fact, a local economic mainstay, as almost 30% of its residents work at the production