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.
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. |