The high intellectual and technical potential of OAO BASHNEFT made it possible for the Company to stabilize the volumes of crude oil produced from the ageing oil fields, continue development of the hard to recover reserves at the most difficult period of the domestic economy transition to the market. The stability of the oil production in the Republic today is provided for by introduction of up to date technologies into prospecting, exploration and development of the crude oil fields as well as of up to date methods of the oil recovery enhancement methods.