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LUKOIL discovered fields with initial recoverable reserves of 128 thousand tons in the Perm region

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LUKOIL discovered fields with initial recoverable reserves of 128 thousand tons in the Perm region

LUKOIL discovered fields with initial recoverable reserves of 128 thousand tons in the Perm region
July 12
10:30 2016

A corporate newspaper of the company “Perm oil” published the message that Ltd “LUKOIL-Perm” discovered a new oil field in Kuedinsky district of the Perm region.
The results of a state examination report that the initial geological reserves of oil in the South Kalmiyarsk field approved at the amount of 510 thousand tons, the initial recoverable reserves – 128 thousand tons.

The authors also point out that the fact of the oil-bearing sediment of the Famennian stage in South Kalmiyarsk area was established in 1978. Nevertheless, the oil field wasn’t allocated, oil reserves were not counted, and, therefore, they were not taken into account on the state balance. A prospecting well was destroyed in a short time after the discovery. The development of a new prospecting and appraisal well, which has opened a new field, started last year.

“LUKOIL-Perm” has ninety-seven licenses to develop oil and gas deposits in the Perm region and Bashkiria. Remaining recoverable oil reserves are equal to 450 million tons. The group structure includes CJSC “PermTOTIneft”.

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