Rosneft and ExxonMobil Discover New Oil Field in Kara Sea

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Rosneft and ExxonMobil have discovered oil during drilling in the licensed area of the Vostochny-Prinovozemelsky-1 field in the Kara Sea. This information was presented by the press service of Rosneft.

“Rosneft has successfully completed the drilling of the world’s northernmost Arctic well Universitetskaya-1, which resulted in the discovery of oil in the licensed area of the Vostochny-Prinovozemelsky-1 field in the Kara Sea. Drilling was carried out in record time, one and a half months,” the press center pointed out.

“Preliminary assessment of the resource base only for this first opening has trapped 338 million cubic meters of gas and 100 million tons of oil, and this is only one of the structures in this field,” Rosneft Head Igor Sechin stated.

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Posted on September 29, 2014, in Energy Industry News. Bookmark the permalink. Leave a comment.

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