Gazprom Neft Acquires New E&P Licences in the Khanty-Mansiysk Autonomous Okrug

Source: www.gulfoilandgas.com 10/7/2015, Location: Asia

Gazprom Neft has acquired additional licences for geological prospecting, exploration and development at the Yuilsky-3, Lyaminskiy-6 and Severo-Ityakhskiy-1 blocks, all located in the Khanty-Mansiysk Autonomous Okrug.

This licensing round, for subsoil development rights to hitherto unexplored licence blocks, was conducted in Khanty-Mansiysk by the Khanty-Mansiysk Federal Okrug Department for Subsoil Use.

The Yuilsky-3 block, located in the Khanty-Mansiyskiy district, covers an area of 895.7 square kilometres. Forecast recoverable reserves are estimated at 26.5 million tonnes of D-class reserves, and 1.3 million tonnes of D-2. The Lyaminskiy-6 block, located in the Surgutskiy district, covers an area of 271.1 square kilometres.

Forecast recoverable reserves (expected to be D-class reserves) are estimated at 8.2 million tonnes. The Severo-Iyakhskiy-1 block, covering an area of 134.6 square kilometres, is also located in the Khanty-Mansiyskiy district. Forecast recoverable reserves (expected to be D-class reserves) are forecast at 5.3 million tonnes.

These areas have been selected on the basis of localised assessments on the long-term outlook for development of the Bazhenov formation. The immediate objective on this project will now be confirm the forecast hydrocarbon-bearing potential of these assets, and to determine the extent of unconventional reserves, as well as the specific characteristics pertaining thereto.


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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