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Rosneft reveals Kara well resources

Company President Igor Sechin presents lab tests of the University-1 oil.

The University-1 well in the Kara Sea holds 128,7 million tons of first-class oil, company President Igor Sechin says.

”This is super-light oil with high density and low levels of sulphure”, Sechin underlined during a visit to the TomskNIPneft research institute. Laboratory tests show that oil from the University-1  holds a density of 808-814 kg/m3 and that sulphure levels are only 0,02%, a press release from the institute reads.

According to the institute, the University-1 holds 128,7 million tons of oil and 391,9 billion cubic meters of gas.

The well was drilled by the West Alpha rig in early fall this year.

Igor Sechin after the drilling soon announced that the well will be part of a new field to be named the Pobeda (”Victory”).

“This is an outstanding result of the first exploratory drilling on a completely new offshore field. This is our united victory, it was achieved thanks to our friends and partners from ExxonMobil, Nord Atlantic Drilling, Schlumberger, Halliburton, Weatherford, Baker, Trendsetter, FMC”, he underlined. 

According to Rosneft, the Kara Sea has more than 30 prospective structures which together in terms of size and volumes exceed the resouces of Saudi Arabia.

As previously reported, the drilling operations was ended on 10th October, only one week before new western sanctions targeting the Russian oil industry came into force.