The discovery of oil has become a significant event for Nefteyugans citizens. It was they who became the personnel basis of the largest enterprise in Nefteyugansk – the Yuganskneft Oilfield Management.
However, the work on the industrial development of new deposits was complicated by many factors. In Nefteyugansk, until 1968, they worked from barges, there was a shortage of bulk vessels. In the same year, the first pipe to Omsk was built and more uniform oil production began. With its launch, new deposits began to be put into operation. In July 1970, the oilfield management was transformed into the Yugansneft oil and gas production Management with a new production organization structure.
By January 1, 1993, more than 338 million tons of oil were produced at the processed NGDU Yugansneft, which could make up a railway echelon of oil tankers capable of circumnavigating the globe two and a half times along the equator.
On the basis of the Decree of the President of the Russian Federation No. 721 of July 1, 1992 and the order of the administration of the Nefteyugansk district No. 564 of July 9, 1993, the Open Joint Stock Company Yuganskneftegaz was registered, the founder of which was the YUKOS oil company. Today, the main task of the enterprise remains oil and gas production, increasing the contribution to accelerating the socio-economic development of the company and ensuring the growth of the welfare of its shareholders, and a dynamic turn in the history of the oil industry enterprises of the Nefteyugansk region is associated with the state-owned Russian holding company Rosneft.