Rosneft and ExxonMobil have signed a Pilot Development Agreement for a joint project to assess the possibility of commercial production of tight oil reserves at the Bazhenov and Achimov formations in Western Siberia.
Under the joint venture, the companies will run a pilot program for potential commercial production at Rosneft’s 23 license blocks covering a total area of more than 10,000 square kilometers. | Cookie | Type | Duration | Description |
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