Russian Joint Venture Pumping 500 Barrels Daily
Benton Oil and Gas Co., an Oxnard-based oil and gas concern, said its Russian joint venture has begun producing oil at a rate of 500 barrels a day from three wells in West Siberia.
The venture, Geoilbent Ltd., marks the first time that a non-Russian company has participated in production from a new Russian oil and gas field, Benton said.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
