The Val Shatsky oil field is a Russian oil field that was discovered in 2007 and located on the continental shelf of the Black Sea. It will begin production in 2018 and will produce oil and natural gas. The total proven reserves of the Val Shatsky oil field are around 6.32 billion barrels (860×106tonnes), and production will be centered on 390,000 barrels per day (62,000 m3/d).[citation needed]
| Val Shatsky | |
|---|---|
| Country | Russia |
| Region | Black Sea |
| Offshore/onshore | offshore |
| Operator | Rosneft, ExxonMobil |
| Field history | |
| Discovery | 2007 |
| Start of development | 2014 |
| Start of production | 2018 |
| Production | |
| Estimated oil in place | 860 million tonnes (~ 1.00×109 m3 or 6320 million bbl) |
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