In October 2011 Gazprom Neft purchased a controlling stake in ZAO Gazprom Neft Orenburg (61.8%), which holds the licence for the Eastern part of the Orenburg field. The remaining shares being also managed by Gazprom Neft belong to Gazprom Dobycha Orenburg. In autumn 2011, Gazprom Neft also purchased Tsarichanskoe and Kapitonovskoe fields in Orenburg region.
Having acquired the Eastern Part of the Orenburg Region and the adjacent sites Gazprom Neft plans to create a new resource base and start production in the region.
Gazprom Neft’s midterm plan is to create a new production area in Orenburg region and triple current output to around 5 million tonnes of oil equivalent annually within five years.