Russia’s Sakhalin 1 project on time, on budget and pumping oil$12.8 billion ExxonMobil-led project starts up Oct. 1; expected to hit 50,000 bpd by year end Allen Baker Petroleum News Contributing Writer
Oil is flowing from the Sakhalin 1 project, according to Exxon Mobil Corp., with production expected to reach 50,000 barrels daily by the end of this year and 250,000 barrels a day by the end of 2006.
First production from the offshore Chayvo field came on Oct. 1. It was on schedule and within about....
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Oil, gas to Russia Two rigs drilling
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