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News // Oil and gas worldwide

The Sakhalin Oil-field Perspectives

19 March 2001 , 07:08439
The scientists of the Marine Geology and Geophysics Institute while studying the deep-seated horizons of the Sakhalin shelf have come to the conclusion that the northern part of the island is perspective in the discovery of new oil-and-gas fields. According to their estimations approximately 120-150 mln tons of oil can be found in the deep-seated horizons on large areas, which can be compared with the reserves of 5-6 oil-fields of the Okruzhnoye oil-field class. According to the Institute officials the use of high-precision technologies will cheapen the exploration of the fields.The profit from the exploration of these structures may amount to $4.8 bil.

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