Exillon Gets West Siberia Field Extension

Russia-focused Exillon Energy reported Friday that the Russian Ministry of Natural Resources has registered an extension to the company’s EWS I field in West Siberia.

Exillon said that the extension delineates the newly-understood geological contours of the field and covers approximately 20 square miles of previously-unlicense territory immediately bordering the northeastern edge of EWS I. This is close to the firm’s Well Pads 5 and 7 and to its existing oil production infrastructure. The total extent of the EWS I license area is now 232 square miles.

Exillon said the new extension has oil reserves under the Russian C2 classification of 4 million tons, although the firm added that is not possible to make a direct comparison with reserves audited under international PRMS standards.

Exillon is to make a payment of around $2 million for the extension.


Have a news tip? Share it with Rigzone!
Email news@rigzone.com


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.


Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)
 -  Sea Trucks Group Secures Work Offshore... (Oct 21)
 -  Shell Divests Non-Core Oil, Gas Proper... (Oct 21)
 -  Petrofac Appoints New CFO (Oct 21)
 -  Wheatstone LNG Development Start-Up in... (Oct 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
Gas Storage Reservoir Engineer
Expertise: Petroleum Engineering
Location: Houston, TX
United States Odessa: Sr Field Engineer - Directional Drilling
Expertise: Directional Driller|Drilling Engineering
Location: Odessa, TX
Project Manager, Oil and Gas
Expertise: Petroleum Engineering|Project Management
Location: West Chicago, IL
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours