Russian historical epic Viking to be released in Italy, UKSociety & Culture March 30, 2:11
Putin visits ice cave during Arctic tourSociety & Culture March 30, 0:02
West’s reaction to Russian protests part of long-planned campaign - diplomatRussian Politics & Diplomacy March 29, 23:56
Putin orders Defense Ministry and FSB to ensure protection of Russia’s interests in ArcticMilitary & Defense March 29, 21:46
Kiev aware of few chances to win in debt lawsuit case — envoyBusiness & Economy March 29, 20:52
Russian top diplomat dismisses claims about human rights violations in Crimea as liesRussian Politics & Diplomacy March 29, 20:23
Moscow suspects Jabhat al-Nusra could be used to topple AssadRussian Politics & Diplomacy March 29, 19:58
Lavrov reiterates there are no facts substantiating Iran’s links to terroristsRussian Politics & Diplomacy March 29, 19:40
Russia to upgrade helicopter protection system based on Syrian experienceMilitary & Defense March 29, 19:00
MOSCOW, June 17. /TASS/. Oil reserves at Russian conventional fields are sufficient for production within next 30-40 years, Minister of Natural Resource and Ecology Sergey Donskoi said in an interview with Komsomolskaya Pravda.
"As for the conventional oil fields, if the production amount remains, the reserves will be sufficient for 30-40 years," he said.
The reserves of non-traditional oil - the Bazhenov Formation in West Siberia, or Domanic Shale (unconventional shale of the Volga-Urals oil province group) and others - multiply the reserves, he said.
However, of importance is not just the fact of reserves, but the ways they are developed, the minister continued.
"Formerly, about 30% of conventional raw materials have been extracted," the minister said. "And now, due to new technologies, the share may be much higher."
Nowadays, production at fields is made at the depth of 3-4 kilometres. And drilling deeper even in West Siberia, Volga or Caspian regions may offer major reserves of liquid hydrocarbons.
"Plus the Arctic shelf, where production has not begun for various reasons: climate, technologies and the ecology," he said. "Besides, now many countries are focusing on unconventional deposits. Besides the shale projects, there are also gas hydrate deposits. Certain countries have been studying and testing them quite actively.".