Oil & Gas Operators

Petrosibir: Production Report for August 2020

Petrosibir’s total oil production during August 2020 amounted to 32,699 barrels, equivalent to 1,055 barrels per day.

The table below summarises the average monthly / daily production in 2020 and 2019, broken down by region.

 

TOTAL PRODUCTION, BBL 2019 2020
  Average Jan Feb Mar Apr May Jun
Bashkiria 10 469 10 622 9 782 10 373 9 694 10 096 9 709
Komi 24 301 36 428 35 649 35 227 28 814 24 106 27 509
               
Total barrels 34 771 47 050 45 431 45 600 38 508 34 202 37 218
               
    Jul Aug Sep Okt Nov Dec
Bashkiria   9 592 9 424        
Komi   25 022 23 274        
               
Total barrels   34 614 32 699        

 

PRODUCTION PER DAY, BBL 2019 2020
  Average Jan Feb Mar Apr May Jun
Bashkiria 344 343 337 335 323 326 324
Komi 799 1 175 1 229 1 136 960 778 917
               
Total barrels per day 1 143 1 518 1 567 1 471 1 283 1 103 1 241
               
    Jul Aug Sep Okt Nov Dec
Bashkiria   309 304        
Komi   807 751        
               
Total barrels per day   1 117 1 055        

 

Petrosibir owns 100% of the Russian company Ingeo Holding, which holds a production licence in Bashkiria. Petrosibir also owns 49% of the Cypriot company Ripiano, whose wholly owned Russian subsidiaries hold three production licences in Komi.

About Petrosibir

Petrosibir is a Swedish company focused on exploring and developing concessions in Russia. The company holds licences in the Russian republics of Bashkiria and Komi. Petrosibir’s 2P oil and gas reserves amount to 35 million barrels of oil equivalent. The Petrosibir share is traded on the OTC-list at beQuoted under the symbol PSIB-B.

This is an English translation of the Swedish original. In case of discrepancies, the Swedish original shall prevail.

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