Siberian field project draws nearer

12/11/1995
Dana Petroleum plc, London, has completed a study of field reserves in Sortymskoye oil field in western Siberia and has decided on an export route for oil as a prelude to development. Sortymskoye reservoir is covered by two licenses, in each of which Dana has a 30% interest. Russian partners are Tyumenneftegaz and Obneftegazgeologiya. An independent study of reserves in the East Sortymskoye license area puts estimated proved and probable reserves at 57.3 million bbl of oil, with a further 20 million bbl of possible reserves identified. Tom Cross, Danas chief executive officer, said this confirms the current estimate of total reserves in western and eastern sections of the field at a ...
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