Gazprom Neft acquires licenses to develop two fields in the Yamalo-Nenets Autonomous Okrug

5/3/2017

MOSCOW -- Gazprom Neft has acquired development rights to two new assets — Tazovskoye and Severo-Samburgskoye fields — in the Yamalo-Nenets Autonomous Okrug. Subsoil usage rights to the Tazovskoye block run to 2025, and rights to the Severo-Samburgskoye block to 2027.

The Tazovskoye field is located 500 km north—east of Salekhard. On Jan. 1, 2016, recoverable oil reserves at the field, as recorded in the State Register of Mineral Reserves, stand at 72 million tonnes, condensate at 4.6 million tonnes, and non-associated (free) gas at 183.3 Bcm. During first-quarter 2017 Gazprom Neft, in its capacity as operator on development of the field, re-tested two wells and began preparations for cluster drilling.

The Severo-Samburgksoye license block is located in the Purovsky District, 100 kilometres north of Novy Urengoy. Recoverable reserves at the Severo-Samburgskoye field, as recorded in the State Register of Mineral Reserves as at 1 January 2016, stand at 90.5 million tonnes. Gazprom Neft is currently undertaking pre-commissioning works at Severo-Samburgskoye field, with two wells having been de-mothballed (reactivated) and re-tested, and 3D seismic works undertaken in order to clarify data on the geological structure of the field. Pilot drilling at the Severo-Samburgskoye license block is scheduled for the 2017–2018 winter season.

Vadim Yakovlev, first deputy CEO, Gazprom Neft, commented: “Gazprom Neft is continuing its ongoing development of what is a key region for the company — the Yamalo-Nenets Autonomous Okrug. It was here that we commissioned two of the most significant fields — Novoportovskoye and Vostochno-Messoyakhskoye — in 2016. Concurrently with this Gazprom Neft is, thanks to the implementation of cutting-edge technologies, continuing to increase production at traditional fields in the Noyabrsk region. The development of gas-cap-drive fields at Tazovskoye field, and the Achimov deposits at Severo-Samburgskoye field, are giving the company further experience in hard-to-recover reserves, allowing us to scale-up solutions successfully implemented previously.”

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