Rosneft discovers new oil field in Iraq
Bashneft International B.V., a Rosneft subsidiary, has discovered a new oil field named Salman, following the drilling of the first exploration well in Block 12 in the Republic of Iraq.
The exploration well was successfully drilled to the depth of 4,277 meters resulting in an oil flow that allows counting on discovering commercial reserves.
The Company considers this discovery an important landmark in upstream projects abroad.
For reference:
Block 12 is located in the southwest Iraq, in an unexplored area of the Arabian Plate, approximately 80 km to the south of the city of As-Samawah and 130 km to the west of the city of Nasiriyah. It has an area of 7,680 sq km. Bashneft International B.V. is an operator of the project.
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Division
May 23, 2018