Oil & Gas Operators

Shelton Petroleum: February Production Report

Shelton Petroleum’s total oil production in February 2015 amounted to 23,610 barrels, equivalent to 843 barrels per day.

The table below summarizes the production broken down by oil field.

 

Feb

2015

Feb

2014

Jan-Feb

2015

Jan-Feb

2014

 

2014

 

2013

 

2012

Lelyaki 9,840   10,480 20,150 22,000 125,141 126,565 119,950
Rustamovskoye   13,770 16,000 26,330 33,800 196,236 122,305   57,900
Total barrels 23,610 26,480 46,480 55,800 321,377 248,870 177,850
Lelyaki 351      374 342 373 343        347 328
Rustamovskoye 492 571 446 573 538  335 158
Total barrels per day 843     946 788 946 880        682 486

 

Shelton Petroleum holds 100% of the Rustamovskoye license in Russia. Shelton Petroleum has a 45% working interest in Kashtan Petroleum (holder of the license to the Lelyaki oil field) through its wholly owned subsidiary Zhoda 2001 Corporation. Ukrnafta, Ukraine’s largest oil and gas company, owns the remaining 55%. The production data in the table above represents Shelton Petroleum’s working interest.

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