Val Shatsky oil field

Val Shatsky
Country Russia
Region Black Sea
Offshore/onshore offshore
Operator Rosneft, ExxonMobil
Field history
Discovery 2007
Start of development 2014
Start of production 2018
Production
Estimated oil in place 860 million tonnes
(~ 1.00×109 m3 or 6320 MMbbl)

The Val Shatsky oil field is a Russian oil field that was discovered in 2007 and located on the continental shelf of the Black Sea. It will begin production in 2018 and will produce oil and natural gas. The total proven reserves of the Val Shatsky oil field are around 6.32 billion barrels (860×106tonnes), and production will be centered on 390,000 barrels per day (62,000 m3/d).[1]

References

  1. "Total or ExxonMobil to replace Chevron in the Black Sea". voiceofrussia.com. 2011. Retrieved 26 December 2013.