Val Shatsky oil field

Val Shatsky
CountryRussia
RegionBlack Sea
Offshore/onshoreoffshore
OperatorRosneft, ExxonMobil
Field history
Discovery2007
Start of development2014
Start of production2018
Production
Estimated oil in place860 million tonnes
(~ 1.00×10^9 m3 or 6320 million bbl)

The Val Shatsky oil field is a Russian oil field that was discovered in 2007 and located on the continental shelf of the Black Sea. It will begin production in 2018 and will produce oil and natural gas. The total proven reserves of the Val Shatsky oil field are around 6.32 billion barrels (860×106tonnes), and production will be centered on 390,000 barrels per day (62,000 m3/d).[citation needed]

References


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