Novatek launches a part of the Urengoy deposit

Novatek announced the launch of a part of the Urengoy deposit located within the Olympic license site of the company. Projected annual yield of the deposit is 1 billion cubic m of gas. Now they have drilled 4 wells, and use 3 of them. By December 31 2012, proven reserves of the deposits within the bounds of the site were 21 billion cubic m by SEC.

Translated by Nadezhda Poltoratskaya       

Source:  http://www.oilru.com/news/384624/

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