Val Shatsky oil field

Val Shatsky
CountryRussia
RegionBlack Sea
Offshore/onshore
offshore
OperatorRosneft, ExxonMobil
Field history
Discovery2007
Start of development
2014
Start of production
2018
Production
Estimated oil in place
860 million tonnes
(~ 1.00×10^9 m3 or 6320 million bbl)

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 estimated recoverable reserves of the Val Shatsky oil field are around 36 billion barrels.[1]

See also

References

  1. ↑ Belton, Catherine; Chazan, Guy (April 26, 2012). "Eni and Rosneft in pact to develop Russia reserves". Financial Times. p. 14. Retrieved August 10, 2026.