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News // Companies

Russia's LUKoil subsidiary starts to develop deposit near Volga

22 October 2010 , 15:30RIA Novosti1778

"The first batch of crude hydrocarbons was extracted from pioneer well number 265. Now the well is producing about 23 tons of oil a day," the company said in a statement.

This is the second deposit launched by Lukoil-Perm in 2010. This summer, the company launched the Sharonovskoye deposit, with oil reserves of over one million tons.

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