Ural Nefte has reportedly announced the discovery of the Mikhalevskoye oilfield in the Krasilnikovskiy block (licence SVE03680NR) Sverdlovsk Oblast, Volga-Urals Basin. Reserves are pegged at 36.5 MMbbl presumably in the Upper Carboniferous.
(Volga-Urals b.), Mikhalevskoye field was discovered by URAL NS (100%). Reserves of the field are estimated at 5 MMt (36.5 MMbbl) of oil, assumed to be held within the Upper Carboniferous section. The field was discovered within the Krasilnikovskiy block (exploration and production license SVE03680NR). 