On 26 February 2019, the Federal Agency for Subsoil Use held an auction for five blocks in Chechnya Republic (North Caucasus). No applications were received for the Groznenskiy Zapadnyy and Shelkovskoy blocks and the remaining tracts were won by local Chechenneftekhimprom. The winner of the auction will obtain 25-year E&P licenses.  Details of the offer are as follows:  The Benoyskiy Zapadnyy block covers 26 sq km in the Terek-Caspian Basin and encompasses the Benoyskaya Zapadnaya lead. Some 2D seismic data was recorded in 2013-2015. Hydrocarbon resources of the block are estimated at 2 MMbbl of oil, 120 Bcf of gas and 2 MMbbl of condensate. The starting price amounted to RUB 1.277 million (USD 0.02 million). Chechenneftekhimprom offered RUB 1.532 million (USD 0.02 million).  The Dzhalkinskiy Severnyy block covers 44 sq km in the Terek-Caspian Basin and encompasses the Dzhalkinskoye Severnoye field with remaining 3P reserves estimated at 15 MMbbl of oil. Some 2D seismic data was recorded in 2010. Hydrocarbon resources of the block are estimated at 4 MMbbl of oil. The starting price amounted to RUB 0.676 million (USD 0.01 million). Chechenneftekhimprom offered RUB 0.878 million (USD 0.01 million).  The Khankalskiy block covers 26 sq km in the Terek-Caspian Basin and encompasses the Khankalskoye field with remaining 2P reserves estimated at 0.5 MMbbl of oil. Hydrocarbon resources of the block are estimated at 9 MMbbl of oil. The starting price amounted to RUB 12.523 million (USD 0.19 million). Chechenneftekhimprom offered RUB 13.775 million (USD 0.2 million).
 Chechnya awards three licenses: The Benoyskiy Zapadnyy block covers 26 sq km in the Terek-Caspian Basin and encompasses the Benoyskaya Zapadnaya lead. Some 2D seismic data was recorded in 2013-2015. Hydrocarbon resources of the block are estimated at 2 MMbbl of oil, 120 Bcf of gas and 2 MMbbl of condensate. The starting price amounted to RUB 1.277 million (USD 0.02 million). Chechenneftekhimprom offered RUB 1.532 million (USD 0.02 million). The Dzhalkinskiy Severnyy block covers 44 sq km in the Terek-Caspian Basin and encompasses the Dzhalkinskoye Severnoye field with remaining 3P reserves estimated at 15 MMbbl of oil. Some 2D seismic data was recorded in 2010. Hydrocarbon resources of the block are estimated at 4 MMbbl of oil. The starting price amounted to RUB 0.676 million (USD 0.01 million). Chechenneftekhimprom offered RUB 0.878 million (USD 0.01 million). The Khankalskiy block covers 26 sq km in the Terek-Caspian Basin and encompasses the Khankalskoye field with remaining 2P reserves estimated at 0.5 MMbbl of oil. Hydrocarbon resources of the block are estimated at 9 MMbbl of oil. The starting price amounted to RUB 12.523 million (USD 0.19 million). Chechenneftekhimprom offered RUB 13.775 million (USD 0.2 million).