Ministry of Natural Resources estimates oil reserves of new Lukoil’s field in Timano-Pechora at 41.5 million tons

The reserves of the new field of Lukoil in the Timano-Pechora province have been estimated at 41.5 million tons of oil, the Ministry of Natural Resources reports.

"In 2014, as a result of additional geological exploration at the Denisovskaya depression of Timano-Pechora the area and volume of reserves on the company’s balance sheet were increased to 41.5 million tons," - the press centre of the Ministry noted.

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