Project Profile
Value: $100 Million
Startup Year: 2013
Location: Saratov Oblast
The project will see the development of a discovery of oil and gas with a combined flow rate of 6,500 boe/d. The oil fields in southern Russia could produce more than 2,500 barrels of light crude per day. The two gas fields in the Volga River Valley region can produce a combined 550,000 cubic meters of gas per day and 75 cubic meters of condensate per day (4,000 barrels of oil equivalent per day).
Operators:
Spectral Capital Corporation: Has acquired 74% interest
Petrom SA