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Russian oil major discovers new oil field in Irkutsk region

Reserves are estimated at 25 mln tonnes of oil equivalent

MOSCOW, August 15. /TASS/. Russians state-owned oil company Rosneft has discovered a new field in the Irkutsk region, the company said in a statement.

The field’s preliminary reserves are estimated at 25 mln tonnes of oil equivalent.

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The new filed was discovered on the territory of the Verkheichersky licensed area.

"A natural oil flow with the volume of 230 cubic meters a day has been received at an exploration well of Nizhneustkutsky horizon. The recoverable reserves of the horizon are estimated at 10 million tonnes of oil," according to the statement.

Rosneft plans to develop a new field using the infrastructure of the North-Danilovsky and the Verkhnechonskoye oil and gas condensate fields.

Verkhnechonskneftegaz (VCNG), a subsidiary of Rosneft, is the operator of the Verkhnechonskoye oil and gas condensate field, located in the Irkutsk region.

In 2015, VCNG produced more than 8.6 mln tonnes of oil.

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IN BRIEF: What Putin said about Russia’s new missile, and Moscow’s response to the West

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