Project Profile
Value: Undisclosed
Location: Black Sea, Ukraine
Reserves: 200 to 250 billion cubic metres of gas reserves
Production: 5 billion cubic metres a year (expected)
Area: unknown
Start-up Year: 2015
A consortium led by ExxonMobil and Royal Dutch Shell has been granted permission by the Ukrainian Government to explore the Skifska field, located in the Black Sea. The consortium also includes Romania\'s OMV Petrom and Ukrainian state-owned Nadra Ukrainy. The Skifska field has 200 to 250 billion cubic metres of gas reserves and it is expected to produce five billion cubic metres a year. Lukoil Holdings also had placed a bid for the exploration permit over Skifska field along with the consortium led by ExxonMobil, reports Reuters.
Operators:
ExxonMobil: Operator with 40% interest
Royal Dutch Shell: 20% interest
OMV Petrom: 20% interest
Nadra Ukrainy: 20% interest