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EastRussia Bulletin: Rosneft wants to develop sites in Yakutia
Rosneft together with British Petroleum Plc (BP), a British oil and gas company, plans to develop oil and gas fields in Yakutia. It is about the Srednelensky and Olekminsky areas, it is said in the next published issue of the EastRussia bulletin.
The exact date of commencement of development is not called. Back in April, Rosneft reissued licenses for the development of oil and gas fields at Srednelenskoye LLC, which is a subsidiary of Ermak Neftegaz LLC (a joint venture of Rosneft and BP PJSC) created in 2018 for exploration of deposits in Krasnoyarsk Krai , Yamalo-Nenets and Khanty-Mansi Autonomous Districts.
Rosneft acquired development licenses for the Srednelensky and Olekminsky areas in 2015 for 302,9 million rubles and 700,8 million rubles, respectively. The resources of the Olekminsky subsoil (by category D2) are estimated at 12,3 million tons of oil and 39,7 billion cubic meters of gas. The resources of the Srednelensky site (in the category D1 + D2) are estimated at 5,8 million tons of oil and 14,1 billion cubic meters of gas.
Rosneft and BP already have a joint venture LLC Taas-Yuryakh Neftegazodobycha 3. It is developing the Central Unit and the Kurung license area of the Srednebotuobinsky oil and gas condensate field.
Detailed analytics on this and other relevant topics can be found in EastRussia Weekly Newsletter.