Irkutsk oil company increased oil and condensate production by 20% in Q1
Edited by Rhod Mackenzie / 2013-04-10 06:54:25
OOO “Irkutsk Oil Company” (INK) increased oil and condensate production by 1.2 times up to 669.3 thousand tons in Q1, 2013 against the same period last year, is said in a statement of the company.
“Most of the liquid hydrocarbon crude in January-March was produced at the Yaraktinsky oil-and-gas condensate deposit (600 thousand tons). An increase made up 27%. A growth is due to an increase of well stock, implementation of innovative world technologies to increase oil production, and gradual involvement of other deposits of the company into the production process,” the company states.
