On 5 December 2018, the Federal Agency for Subsoil Use held an auction for the Kubanskiy Severnyy block in Krasnodar Kray (North Caucasus Province). Integra won the auction with an offer of RUB 1.975 million (USD 0.033 million). The winner of the auction will receive a 25-year E&P license.   The Kubanskiy Severnyy block covers 421 sq km in the Kubanskaya Zapadnaya Depression. No exploratory wells have been drilled in the area. Stratigraphic traps within the Miocene sedimentary section are the main exploratory targets. Hydrocarbon resources of the block are estimated at 6 MMbbl of oil and 123 Bcf of gas. The starting price amounted to RUB 1.795 million (USD 0.03 million).
Russia, not found