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EFTA01367380
egrated Oil US Integrated Oils Pi 111171( y GiCiWth Drivers Volume growth will be chiefly driven by managing declines at various mature fields in West Siberia and a handful of moderately-sized project start-ups in the Timan-Pechora (Trebs and Titov), Sakhalin (Arkutun-Dagi), and North Caucasus (Vladimir F
EFTA01367379
ion in 2014, Russia represents -25% of Non- OPEC production; recent production growth has been driven chiefly by contributions from the conventional West Siberia basin and in our view likely to continue to be the case moving forward. While growth from green field projects is modest when compared to the count