Petrosibir: Production Report for June 2018
The table below summarises the average monthly / daily production in 2017 and 2018, broken down by region.
The production in May and June was down mainly due to seasonal flooding in Komi resulting in an inability to be able to truck the oil out of the Sosnovskoye field. We expect the production to recover in July. A slight decline in Bashkiria occurred due to preparing well #54 for fraccing. 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. |
