Gazprom Neft has won the licensing round for subsoil usage rights to the Severo-Yamburgsky license block in the Yamalo-Nenets Autonomous Okrug.
The acquisition of this license grants geological prospecting, exploration and production rights, for a period of 25 years. According to the State Reserves Register, recoverable D1+D2 (prospective and forecast) hydrocarbon reserves stand at 102.8 million tonnes of oil (mt), 655.8 billion cubic metres of gas, and 46.3 million tonnes of condensate. No fields have yet been discovered at this block.
The Severo-Yamburgsky license block is located in the Nadymsky and Tazovsky districts of the Yamalo-Nenets Autonomous Okrug, covering an area of 2,100 square kilometres. The block is located in direct proximity to the Yamburgskoye oil and gas condensate field, the development license for which is held by Gazprom PJSC. Gazprom Neft is now undertaking pilot works in selecting technologies to develop oil reserves at Achimovsky deposits at this asset, under a long-term risk operatorship agreement.
Localised seismic works have previously been undertaken at the Severo-Yamburgsky license block, and one prospecting-appraisal well drilled. Gazprom Neft is continuing investigations into this new asset, and plans to undertake 3D seismic works across a 1,400 square kilometres area over the next three years, as well as drilling one prospecting-appraisal well and three exploration wells. Following evaluation of this geological prospecting, Gazprom Neft will put in place a programme for developing its new asset.
“The Yamalo-Nenets Autonomous Okrug is an area of strategic interest to Gazprom Neft. In the event that geological prospecting is successful, this license block will become a major part of a new production cluster in this region. The main prospects for oil- and gas-bearing capacity at this block relate to Achimovsky strata. An oil and gas-condensate field unique in terms of its hydrocarbon reserves could, potentially, be discovered here.”Vadim Yakovlev Deputy Chairman of the Management Board and Deputy CEO for Exploration and Production, Gazprom Neft