×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Oil Found Under Perm

PERM — LUKoil-Perm discovered a new oil deposit in the Perm region with about 20 million tons of assumed recoverable reserves, the company said in a statement cited by Interfax on Thursday.

LUKoil-Perm came across the deposit while drilling its first prospecting well at the Zyryanskaya structure in the Kondassky licensed section, located beneath the Verkhnekamskoye potassium-manganese salt field, the statement said.

The company plans to launch a new field at the Kondassky section this year. Reserves at the field have preliminarily been estimated at 27 million tons of oil.

(MT)

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more