Eurasia Journal News
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  • Petrosibir Production Report for January 2020

    Petrosibir’s total oil production during January 2020 amounted to 47,050 barrels, equivalent to 1,518 barrels per day.

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

    2019

    2020

    Average

    Dec

    Jan

    Total production

    Bashkiria

    10 469

    10 643

    10 622

    Komi

    24 301

    23 209

    36 428

    Total barrels

    34 771

    33 852

    47 050

    Per day

    Bashkiria

    344

    343

    343

    Komi

    799

    749

    1 175

    Total barrels per day

    1 143

    1 092

    1 518

    The increase in production in Komi is the result of fraccing of wells drilled in the Sosnovskoye field in 2019. This is still work in progress and a further update will be made in due course.

    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.

    source

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