Industrial not gushing oil flow with a rate flow of 4.9 cubic meters per day was discovered during tests on one of the wellsites of the Olivinovskoy structure on the territory of the Shevchenko district.
Oil deposit is overlaid at depths of 2100 to 2200 m. According to preliminary information, its resources are estimated at 290,000 tons of oil, reports the press-service of “Ukrdazvydobuvannia”.
It is noted that in a drilled hole there was a number of prospective formations above the section that gives opportunity to further exploration at the site.
The discovery was the result of reprocessing of materials of exploration drilling, seismic survey and three-dimensional constructions using the latest technology.
According to the chief geologist of the enterprise Mikhail Machuzhaka trying to increase production volumes, experts are stepping up prospecting works on all potential oil and gas bearing areas.