Russia faces tightening crude-oil supply situation

Journal Article · Mon Apr 12 04:00:00 EST 1976 · Oil Gas J.; (United States)

OSTI ID:7153333

The USSR still possesses sufficient energy supplies and should remain a substantial crude exporter into the 1980s. But unless proved reserves increase, output will erode the record 636,000 bbl/d growth achieved in 1975 and the more than 580,000 bbl/d increase planned in 1976. Even if the Soviets meet their 1980 crude-plus-condensate production goal of 12.4 to 12.8 million bbl/d, compared with 9.82 million bbl/d last year, there is a good possibility that annual gains will drop to around 500,000 bbl/d. No promising frontier is in sight comparable to western Siberia to uphold outputs. Details of the supergiant field in western Siberia, Samotlor, are summarized. The USSR found 54 oil and gas fields in western Siberia during the ninth 5-Year Plan (1971-1975). Some of the gas fields were giants, but the majority of the oil discoveries were small. In a crash effort to boost western Siberian crude reserves during the new 5-Year Plan (1976-1980), drilling footage will be increased 130 percent over the last period. In 1975, western-Siberian drilling totaled 9.154 million ft. Costs, pipelining, exploration, and discoveries in all other areas of the USSR are discussed. (MCW)

• OSTI ID: 7153333
• Journal Information: Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 74:15; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020300 -- Petroleum-- Drilling & Production
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
COST
ENERGY SOURCES
ENERGY SUPPLIES
EUROPE
EXPLORATION
FLUIDS
FORECASTING
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGY
INDUSTRY
MARKET
NATURAL GAS
PETROLEUM
PETROLEUM INDUSTRY
PRODUCTION
RESERVES
RESOURCES
USSR