The State Reserves Commission of Russia has acknowledged Rosneft Oil Company’s discovery of an Arctic fuel subject within the Kara Sea and has really helpful the Russian Federal Geological Foundation (RosGeolFond) to place the sphere on the state register as per Rosneft’s estimates of 800 billion cubic metres of fuel deposits.
To mark the 75th anniversary of the victory within the Great Patriotic War, and in reminiscence of the nice commanders, the sphere has been named after Marshal Georgy Zhukov. According to the present reserve classification, it’s thought of distinctive.
The subject was found following exploratory drilling on Vikulovskaya construction on the East-Prinovozemelsky-1 license space. The wildcat was 1,621 metres deep. Rosneft organized for exploratory drilling on two license areas within the Kara Sea in 2020. The drilling was a part of Rosneft Oil Company’s complete programme to develop the area’s oil and fuel potential.
The challenge had been commenced by President of Russia Vladimir Putin in 2014. The first wildcat, Universitetskaya-1, had resulted within the discovery of one of many world’s largest oil and fuel fields, the Pobeda subject. Its complete recoverable reserves stand at some 130 million tonnes of oil and 422 billion cubic metres of fuel.
Overall, greater than 30 potential buildings had been recognized within the three East-Prinovozemelsky areas of the Kara Sea. The outcomes of Rosneft’s drilling within the Kara Sea confirmed the excessive oil and fuel potential of mentioned buildings, which proves the invention of a brand new Kara offshore oil province. In phrases of assets, it might surpass such oil and gas-bearing provinces because the Gulf of Mexico, the Brazilian shelf, the Arctic shelf of Alaska and Canada, and the foremost provinces of the Middle East.
Specialists from the TomskNIPIneft company institute carried out a examine of the bodily and chemical properties and composition of crude oil obtained from the Universitetskaya-1 nicely. This ultra-light crude exceeds Brent in addition to Siberian Light and WTI in key indicators (gravity and sulphur content material) and is comparable in efficiency with the Vietnam offshore White Tiger subject crude. At that, the Pobeda crude has lower than zero.02% of sulphur content material, whereas Brent has and Urals has 1.2-1.three%.
(Source: Rosneft – Image: Rosneft fuel explorer member within the Kara Sea/Ruptly)

The submit ROSNEFT REPORTS UNIQUE GAS FIELD DISCOVERY IN THE KARA SEA appeared first on Energy Global News.

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