Gulf Oil and Gas accountACCOUNT

Gazprom Neft Developing New Exploration Cluster in the Khanti-Mansi Autonomous Okrug-Yugra

Source: www.gulfoilandgas.com 4/12/2018, Location: Asia

Gazprom Neft has been confirmed as the winner of Rosnedra subsoil licensing rounds for six blocks in the Karabashsky exploration zone, located in the Khanty-Mansi Autonomous Okrug.

The company has a presence in this region through Evrotek-Yugra, its joint venture with Spain’s Repsol, which holds subsoil usage rights to two blocks in the Karabashsky zone, as well as exploration rights to five blocks in the region, at which geological exploration is currently ongoing. Pursuant to their shareholder’s agreement Gazprom Neft and Repsol manage Evrotek-Yugra on a parity basis, with the Russian company having the right to increase its interest in the joint venture to 50 percent.

Alexei Vashkevich, Head of Geological Exploration and Resource Base Development at Gazprom Neft, commented: "The acquisition of these new licenses presents us with the opportunity to develop a promising exploration cluster.

The Karabashsky blocks are characterised by a low level of exploration and prospecting, thus far, so we’ll only be able to talk confidently about their resource potential once seismic works have been undertaken and initial wells drilled. The provisional production potential at these blocks can be estimated at around 15–25 million tonnes of oil equivalent (mtoe).

Exploration News in Russia >>

Kazakhstan >>  12/4/2018 - Reach Energy has announced that its exploration well, North Kariman-3 ('NK-3'), located in the North Kariman field in the onshore Emir Oil Concession ...
Russia >>  11/29/2018 - Rosneft Oil Company and Chinese Hengli Group signed a cooperation agreement as part of the first Russian-Chinese energy business forum. The document w...

South Africa >>  11/29/2018 - South Africa will relax a moratorium on gas and oil exploration licences implemented earlier this year to allow exploration and production application...
Russia >>  11/28/2018 - The Board of Caspian Sunrise is pleased to provide the following update at its BNG Contract Area: ...

United States >>  11/27/2018 - EnVen Energy Corporation announced that it spud its King Crab well on Ewing Bank Block 873 in its Lobster field. The King Crab well targets an oil-fo...
Georgia >>  11/26/2018 - Frontera Resources Corporation, the European-focused oil and gas exploration and production company, announced the mobilization of a workover rig to T...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.