Rosneft Strikes Oil At New Field In Siberia

Rosneft has discovered oil in a new field in Western Siberia, with reserves estimated at 20 million tons of crude oil (146.6 million barrels) and some 1 billion cubic meters of natural gas, the company said. The discovery will help Rosneft fulfill its reserve replacement program, which aims at a replacement rate of 100 percent. The Novoognennoye field is the fourth new oil field discovered as part of the Vankor project, which is exploring for oil and gas in the northern part of the Krasnoyarsk territory and the Yamal-Nenets autonomous district.…