Russia Announces 82-Million-Ton Arctic Oil Discovery ...Middle East

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Russia Announces 82-Million-Ton Arctic Oil Discovery
source : OILPRICE ( Middle East ) () 12
Russian state-run Rosneft has confirmed an 82-million-ton oil discovery in the Pechora Sea in the Arctic. Rosneft discovered the field thanks to a drilling campaign in the Medynsko-Varandeysky area. “During the tests, a free flow of oil was obtained with a maximum flow rate of 220 cubic meters a day,” the company’s statement read on Wednesday, noting that the “oil is light, low-sulfur, low viscosity,” Rosneft said, describing the drilling campaign in the Medynsko-Varandeysky area, as reported by Russian RT.  Rosneft…

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