Naftogaz has discovered another oil deposit

Naftogaz has discovered the Buditschansko-Chutovskoye oil deposit, the largest one for the latest 15 years. They have successfully drilled oil well #110 Runovtschinskaya at the Buditschansko-Chutovskoye oil deposit. Its reserves are 12.8 million tons minimum. They got daily oil debit of 106.8 cubic m.

In the end of 2011, Naftogaz got the special permission for geological exploration and trial and production development with further oil and gas extraction at the deposit. In 2012, they held the complex of geophysical research, and in Q3 2012 it began drilling on tender basis.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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