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New Oilfield Discovered Within Uvat Project

Source: www.gulfoilandgas.com 4/16/2013, Location: Asia

TNK-Uvat has discovered a new Severo-Keum oilfield in Uvat district of Tyumen region. Recoverable C1 and C2 reserves are estimated at 2.4 million tonnes. Commercial oil inflow was received in the exploration well ? 64 from BS-8 (neocom) formation on the Severo-Keum license area.

The discovery of a new oilfield shows high potential of the Uvat project and creates prerequisites for further oil production growth.

Uvat group of fields is situated in the south of the Tyumen region. The Uvat project is operated by TNK-Uvat, consists of 12 license areas and includes 22 oilfields, 4 of them are onstream. Geologic reserves are estimated at 1.2 bln tonnes of oil.

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