Irkutsk Oil Company significantly increases oil and condensate production in 1H10
In the first half of 2010, Irkutsk Oil Company increased oil and condensate production to 303,000 tons, an 88.7% increase over to the same period last year. Most of the growth in semi-annual production was achieved at the Yarakta field, 251,500 tons (94.2% increase), and the Danilovo field, 26,400 tons (67.1% increase). The West Ayan field, where trial production started in 2009, reported 6,500 tons of production (50% increase).
Irkutsk Oil Company projects a total production at 650,000 tons of oil and condensate from all fields in 2010.
|Determination of gas re-injection JI project at Yarakta field successfully completed||Irkutsk Oil Company and Japanese Trading Company Marubeni (Marubeni Corporation) sign Memorandum of Understanding|