Drilling to Begin Soon from 1st Russian Arctic Platform

Drilling is scheduled to begin this month from the first permanent offshore platform in the Russian Arctic, the Barents Observer reports.

Over 500 workers are currently preparing the platform for drilling. The platform was towed from Murmansk in August of last year.

Original plans called for drilling to begin last September but were postponed. The platform is located in the eastern Pechora Sea, and is 90 percent surrounded by ice up to 19 inches thick.

Gazprom subsidiary GazpromNeftShelf is the license holder of the field, which is estimated to hold 72 million tons of oil reserves.

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