Dagestan keep reducing gas extraction in favor of oil extraction
Edited by Rhod Mackenzie / 2015-11-10 11:59:18
Oil extraction in Dagestan in Jan-September 2015 rose by 155 to 115.081 thousand tons against Jan-September 20154.
Gas extraction in Jan-September 2015 fell by 26% to 47.11 mln cubic m.
There is a tendency of gas extraction fall in 2015 due to a high level of exhaustion and watering of the existing and absence of putting into operation of new wells because of the absence of geological exploration.oil extraction in Dagestan in H1 2015 rose by 2.2% to 135.6 thousand tons against H1 2014.
Gas extraction fell by 15.6% to 54.6 mln cubic m.
In Q1 2015 oil extraction fell by 1.4% to 45 thousand tons against Q1 2014.
Gas extraction in Q1 fell by 9%.
