Geologist Brekhuntsov estimated oil reserves in the depths of Western Siberia at 50 billion tons

Oil reserves in the depths of Siberia amount to 50 billion tons. About this reported Honored Geologist of Russia Anatoly Brekhuntsov at the industrial and energy forum in Tyumen.

“The oil resources of Siberia amount to 65 billion tons, and oil production is only 15 billion tons. That is, another 50 billion tons are in the ground,” the expert clarified.

Brekhuntsov noted that oil producing companies are now developing deep and complex deposits. This is work under strong light and high temperatures, explained the leading geologist.

In Russia, the share of hard-to-recover oil is increasing. According to Rosnedra estimates, in 2021 it amounted to 31.7%. First Deputy Minister of Energy Pavel Sorokin previously predicted that by 2030 the figure will increase to 70%.

Hard-to-recover deposits include deposits that are not economically profitable to develop with existing technologies and the current tax system. Officially, hard-to-recover deposits include deposits of the Bazhenov, Abalak, Khadum and Domanik formations (sets of rock layers), viscous and super-viscous oil, as well as oil in reservoirs with low permeability (Achimov deposits).

To stimulate oil production in these depths, the government introduced an additional income tax (AIT) regime. AIT is calculated not from production volume, but from revenue and amounts to 50% of the company’s profit due to expenses and transportation costs, explained previously Vedomosti expert at the Institute for the Development of Technologies of the Fuel and Energy Complex Kirill Rodionov.