Western Siberia leads slide in former U. S. S. R. 's oil production

Journal Article · Mon Feb 03 04:00:00 EST 1992 · Oil and Gas Journal; (United States)

OSTI ID:5720981

The huge western Siberian basin, which Moscow had counted on to ensure rising Soviet petroleum production into the next century, is in steady leading the sharp decline in the former U.S.S.R.'s total oil flow. New data indicate that western Siberia's 1991 crude and condensate production fell to less than 6.5 million b/d. That's down from nearly 7.5 million b/d in 1990 and a peak of 8.28 million b/d in 1988. This paper reports that such low production would make it difficult for Russia to meet the oil needs of other members of the new Commonwealth of Independent States, let alone earn substantial amounts of desperately needed hard currency from crude and refined products sales to foreign countries.

• OSTI ID: 5720981
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:5; ISSN 0030-1388; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020500 -- Petroleum-- Products & By-Products
020700* -- Petroleum-- Economics
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& Business Aspects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
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ASIA
DATA ANALYSIS
DEVELOPED COUNTRIES
EUROPE
EXPORTS
FORECASTING
GAS CONDENSATE WELLS
INDUSTRY
MARKET
PETROLEUM INDUSTRY
PETROLEUM PRODUCTS
PRODUCTIVITY
SUPPLY AND DEMAND
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USSR
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