Global
Spanish
English
Contact us
The Ministry of Natural Resources and Environment of the Russian Federation certifies the finds

Repsol makes Russia’s largest hydrocarbons discovery in two years

Press Release 23/06/2014 00:00
  • Repsol has made two new hydrocarbon discoveries in the Karabashsky 1 and 2 blocks in Western Siberia in Russia. According to the Ministry of Natural Resources and Environment of the Russian Federation’s calculations, these finds could add 240 million barrels of oil equivalent in recoverable resources for Repsol.
  • According to the Ministry of Natural Resources and Environment of the Russian Federation this is the largest discovery made in Russia in the last two years.
  • The Gabi-1 and Gabi-3 wells have been drilled with the use by Repsol of innovative drilling and seismic techniques that will allow the potential of these resources to be fulfilled.
  • The company`s exploratory success in Russia, the world’s second-largest crude producer, adds to those obtained during the last year in The United States, Latin America and Africa.
  • The company has for the last three years beaten its own resource addition targets outlined in its 2012-2016 strategic plan.

| PDF | 47.71 KB