Russia’s only producing oil field on Arctic shelf produces 10-millionth barrel

3/23/2016

ST. PETERSBURG -- March saw the 10-millionth barrel of oil produced at Prirazlomnoye oil field—located on the Russian Arctic Shelf in the Pechora Sea and currently under development by Gazpromneft Shelf.

Shipment of this landmark barrel was completed by the Mikhail Ulyanov tanker on March 10, the 22nd such consignment since commercial production started at the field.

The transportation of products from the Prirazlomnaya rig is effected by two double-hulled ice-class (Arc6) oil tankers, the Kirill Lavrov and the Mikhail Ulyanov. Both were built at the Admiralty Shipyards, St. Petersburg, specifically to ensure the year-round transportation of oil produced at the platform.

“The 10-millionth barrel of oil is a major landmark, proving that oil production on the Arctic Shelf can be both safe and viable. We are pushing ahead with opening up the Prirazlomnoye field, with the production and shipment of hydrocarbons running to schedule,” said Gennady Lubin, executive director, Gazpromneft Shelf.

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