Petrosibir: Production Report for May 2020
Petrosibir’s total oil production during May 2020 amounted to 34,202 barrels, equivalent to 1,103 barrels per day. The table below summarises the average monthly / daily production in 2020 and 2019, broken down by region.
In Komi wells were shut down partially during May due to the significant drop in oil prices. 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. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
