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Jul 4, 2022 · Russian state-run Rosneft has confirmed an 82-million-ton oil discovery in the Pechora Sea in the Arctic. Rosneft discovered the field thanks to a drilling campaign in the Medynsko-Varandeysky area.
Jul 4, 2022 · Russian oil and gas giant Rosneft claims to have made an 82-million-ton oil discovery in the Pechora Sea. Rosneft has a controlling interest in 28 offshore licenses in the Arctic including 8 in ...
- Julianne Geiger
Jul 7, 2022 · The Russian state-run oil company estimates the deposit to contain 82 million tons of oil. The discovery is made in the Medynsko-Varandeyskoye license, an area in the Pechora Sea where Rosneft ...
Jul 11, 2022 · It was also found that the oil is light, low in sulfur and low in viscosity. Rosneft described the results as evidence of “significant oil potential in the Timan-Pechora province on the shelf.” According to Russian media, Rosneft owns a majority stake in 28 offshore licenses in the Russian Arctic, eight of which are located in the Pechora ...
Jul 6, 2022 · The discovery is made in the Medynsko-Varandeyskoye license, an area in the Pechora Sea where Rosneft previously drilled several exploration wells and found oil. “During the test, a free flow of oil was obtained with a maximum flow rate of 220 cubic meters a day,” Rosneft said in a statement last Wednesday.
Jan 21, 2022 · The drilling of the well named Madachagskaya-2 reportedly proved the “existence of industrial resources of oil,” information obtained from Rosneft shows. Rosneft controls a total of 28 license areas in Arctic waters, among the Medynsko-Varandeysky area in the Pechora Sea. Map by Rosneft Further exploration of the well is now under planning.
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At present more than 180 fields are found in the Timan-Pechora province, 136 of which contain oil, 4 - gas condensate, 2 - oil and gas, 13 - oil and gas condensate, 12 - gas condensate, and 16 - gas. LUKOIL and Rosneft have been developing and exploiting the Timan-Pechora basin, where they began operations in 1998 and 2003 respectively (Energy outlook peace and Russia until 2040, 2013).
