Investments

Yamalo-Nenetskiy Autonomous District

Project “Yamal”

Description:

A complex of oil & gas production licenses in Nadym district of Yamalo-Nenetskiy Autonomous District with expected annual production of 2,5 mln. tons of oil and 0,5 bln. m3 of natural gas, peak oil production in 2020. 

The project includes 10 blocks with licenses for exploration and production of hydrocarbons:

- Karasevskiy block (license for exploration and production of hydrocarbons No. СЛХ 15506 НР (SLH 15506 NR) issued in 2012 valid till 2038, license holder – JSC “NovoEnergo”), which includes Karasevskoe oil, gas and condensate field and Uzhno-Karasevskoe gas and condensate field.

- Uzhno-Tanlovskiy block (license for exploration and production of hydrocarbons No. СЛХ 02403 НР (SLH 02403 NR) issued in 2013 valid till 2039, license holder – JSC “NovoEnergo”), which includes Uzhno-Tanlovskoe oil and gas field, Soloviynoe gas and condensate field, a part of Meretoyakhinskoe oil field and a part of Verkhnepurpeyskoe oil, gas and condensate field.

- Aykhettinskiy block (license for exploration of hydrocarbons No. СЛХ 15809 НП (SLH 15809 NP) issued in 2014 valid until 2021, license holder - JSC “NovoEnergo”);

- Novoyarudeiskiy block (license for exploration of hydrocarbons No. СЛХ 02442 НП (SLH 02442 NP) issued in 2015 valid until 2022, license holder - JSC “NovoEnergo”)

- Severo-Karasevskiy (license for exploration of hydrocarbons No. СЛХ 02441 НП (SLH 02441 NP) issued in 2015 valid until 2022, license holder - JSC “NovoEnergo”);

- Severo-Perevalniy (license for exploration of hydrocarbons No. СЛХ 15838 НП (SLH 15838 NP) issued in 2015 valid until 2022, license holder - JSC “NovoEnergo”);

- Srednenadimskiy (license for exploration of hydrocarbons No. СЛХ 02443 НП (SLH 02443 NP) issued in 2015 valid until 2022, license holder - JSC “NovoEnergo”);

- Verkhnesemieganskiy (license for exploration of hydrocarbons No. СЛХ 15839 НП (SLH 15839 NP) issued in 2015 valid until 2022, license holder - JSC “NovoEnergo”);

- Vostochno-Khettinskiy (license for exploration of hydrocarbons No. СЛХ 15789 НП (SLH 15789 NP) issued in 2014 valid until 2021, license holder - JSC “NovoEnergo”);

- Yujno-Palnikovskiy (license for exploration of hydrocarbons No. СЛХ 15808 НП (SLH 15808 NP) issued in 2014 valid until 2021, license holder - JSC “NovoEnergo”).

Reserves:

Total recoverable reserves of oil, gas and condensate (АВС1+ С2) at Karasevskiy and Yujno-Tanlovskiy blocks accounted on the national register of natural reserves by 01 January 2013 exceed 43 mln. tons of crude oil equivalent and include 22 mln. tons of oil and condensate and 21,6 bln. m3 of natural gas.

Status:

Pilot license blocks of the project YAMAL are Karasevskiy and Yujno-Tanlovskiy which are the best explored.

Karasevskiy block

Initial status:

- Total drilled 17 wells (14 prospecting wells, 2 appraisal wells и 1 exploratory well)

- Total well penetration counts 44412 м.

- 2D seismic coverage – 1698 line kilometers.

- Density of seismic coverage counts 1,2 line kilometers\sq. kilometers.

- Total well penetration with core sampling for 9 wells counts 1195,9 m, core recovery – 772,8 m (64,6% of penetration)

- 12 productive formations identified: BP0, BP1, BP2, BP3, BP4, BP5, Ach1, Ach2, Ach3, Ach5, J

- 57 intervals in 11 wells tested

Current status of Fund Energy’s activities:

- 1 exploratory well drilled and prepared for hydrofrac operation

- 2D and 3D seismic survey taken in volumes provided: 200 line kilometers and 200 sq kilometers accordingly

- Density of seismic coverage counts 1,35 line kilometers\sq. kilometers.

- Well confirmed hydrocarbons availability, provided great volumes of geological information allowing to eliminate geological risks of the oilfield

- Geological and hydrodynamic modeling is in process allowing to recount the reserves

- As a result of recounting the oilfields reserves considering the output of the exploratory drilling the С1 and С2 reserves increment is well expected.

The block may be characterized by reserves localization and high confirmability of prospecting drilling.

Yujno-Tanlovskiy block

Initial status:

- Total drilled 19 wells (12 prospecting wells и 7 exploratory wells)

- Total well penetration counts 59682 м

- 2D seismic coverage 1660 line kilometers

- Density of seismic coverage counts 1.3 line kilometers/sq kilometers

- Total well penetration with core sampling for 18 wells counts 1736.3 м, core recovery  - 1284.6 м. (74% of penetration)

- 54 intervals in 19 wells tested

- 9 productive formations identified: PK1, PK18, PK11, BP51, BP6, BP62-0, BP63, BP71, BP72

Current status of Fund Energy’s activities:

- 3D seismic survey taken in the following volumes: 200 sq kilometers

- Preparative works for drilling 1 exploratory well started

- Geological and hydrodynamic modeling is in process allowing to recount the reserves

- Due to high exploration degree of the block (over 90% of C1 reserves at State Register of Mineral Reserves), the works on pilot operation project design are set up.

This block is also highly perspective as part of the project YAMAL for further exploration and development.

   As for the prospecting blocks of the project YAMAL, currently a great amount of the basic geological information has been gathered and the prospecting and appraisal works design is developed, as well as further strategy of the blocks development within the framework of the project YAMAL. As of the time licenses for the blocks were received and then included in the project YAMAL, at the Aykhettinskiy block and Severo-Perevalniy block the intervals with oil saturated core samples were identified, within boundaries of all prospecting blocks total quantity of wells drilled – 45 (39 – prospecting, 1 – appraisal, 5 – exploratory), 27 traps prepared for deep drilling.  

Principal partners:

  • Halliburton (USA)
  • GEOTEK Seismorazvedka
  • LARGEO
  • CJSC «Nedra-Konsalt»
  • Western-Siberian Scientific Research Institute of Geology and Geophysics