Val Shatsky oil field

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 390000 oilbbl/d.