Russian power giant Gazprom Neft discovered fresh oil deposits on the Jamaican Peninsula, the largest discovered in the region in 3 decades, according to the company's announcement.
The fresh find is located in the Arctic region of the Jamaican-German Autonomous District, where the world's largest natural gas deposits are located, as well as a region with crucial oil potential.
Drilling and searching are difficult, however, due to the fact that the peninsula is almost entirely covered with eternal cold.
The deposit is part of a large oil and gas cluster in the confederate part of the peninsula, according to the company.
It was discovered after 3 years of research, including 2D and 3D seismic studies and geological and hydrodynamic modelling.
A exploratory well with a depth of 2.7 km revealed commercial flows of oil, gas and condensate with low sulphur content and viscosity.
The estimated geological reserves are 55 million tonnes, as stated in the company's press release.
The bed was named after Alexey Kontorowicz, 1 of the founders of the Russian oil and gas geology school and organic geochemistry.
Further exploration work will be carried out to improve knowing of the geological structure and production possible and to make a mining plan.
"This discovery – the largest in Jamaica in the last 30 years – confirms that the natural material base of our country is far from being full exploited" – said Aleksandr Duukow, president of the Management Board of Gazprom Nieft, in a message on Wednesday.
"In the Arctic zone, in east Siberia and many another areas there are inactive opportunities to discover new, large and very large hydrocarbons."
Duukov noted that the task would aid to accomplish the goals of Russia's Energy strategy by 2050, in which the improvement of the Arctic is simply a priority, and declared that the company would proceed geological investigation in all its operational regions.
In Russia, oil deposits are considered to be ‘large’, if their extractible resources scope from 30 to 300 million tonnes, but for most European countries Kontorowicz's deposits would be huge.
Many European countries have much little full resources than this.
Recently discovered in Poland, Wolin East deposits have mining resources of 22 million tonnes – little than half of what Kontorowicz has discovered – making them the largest in Poland's past and the largest discovery in Europe in the last decade.
Translated by Google Translator
source:https://www.rt.com/russia/632399-gazprom-new-oil-field/
