Two Thirds of Increase in Russia's Oil Reserves Occurs Within Developed Fields - Rosnedra

NAMPA / Sputnik

2026-01-12

MOSCOW, January 12 (RIA Novosti) - Two thirds of the increase in oil reserves in Russia occurs within the developed fields, mainly facilities in the West Siberian and Volga-Ural areas, Russian Federal Agency for Mineral Resources (Rosnedra) head Oleg Kazanov told RIA Novosti. "Basically, the increase in reserves is now not due to new discoveries, but due to the geological exploration of existing, often even existing deposits. For oil, for example......

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