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UDM Discovered Two New Oil Fields in Russia

Source: www.gulfoilandgas.com 2/20/2017, Location: Asia

UDM discovered two new oil fields in Russia’s Udmurtia recently, with 600 thousand tons of C1+C2 reserves and 200 thousand tons of C1 reserves. The exploration wells, located at the Votkinsk license block and Sharkan license block, showed an oil flow rate of 62 m3/day and an oil flow rate of 15 m3/day, respectively.

UDM is short for Udmurtia Petroleum Corporation, a joint venture acquired by Rosneft Oil and Sinopec in Aug, 2006.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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