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New oil field discovered in Lithuania 12 April 2012

A new oil field discovered by Manifoldas UAB in the surroundings of Ližiai and Laigiai villages in Klaipėda district, Endriejavas region, has already been approved and entered in the Register of Mineral Reserves of the country.

oil well

According to Jonas Satkūnas, Deputy Director of the Lithuanian Geological Survey under the Ministry of Environment, its geological resources comprise of up to 217,000 tons. The oil field lies in Lower Ordovician and Middle Cambrian rocks at a depth of more than two kilometres.

A total of 4,182,850 tons of oil was extracted in Lithuania up to 31 December last year. In 2011, 113,800 tons of oil was extracted from 12 oil fields.

Last year, oil was extracted from a total of 61 oil wells. Oil resources extracted from 16 oil fields have been fully prospected and approved to date. They make up 2,338,000 tons.

In the near future, the Lithuanian Geological Survey intends to launch a tendering procedure for the use of hydrocarbon resources in Šilutė-Tauragė and Kudirka-Kybartai areas. 

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