On 18 October 2019, the Federal Agency for Subsoil Use announced an auction for five blocks in Bashkortostan Republic (Volga-Ural Province). The auction will be held on 17 December 2019. Applications must be submitted by 19 November. Each participant must make a refundable deposit equal to the starting price for the block. The deposit will be non-refundable if the winner fails to pay its winning bid. Additional information regarding the auction may be requested from:   Bashnedra  450006, Ufa, Krupskoy St., 8  E-mail: bash@rosnedra.com   The Ashinskiy block covers 31 sq km. Hydrocarbon resources (category D1) of the block are estimated at 1 MMbbl of oil. The starting price amounts to RUB 0.355 million (USD 5,550). The winner will obtain a 25-year E&P license.  The Kazayakskiy block covers 22 sq km and encompasses the Amirovskaya prospect with oil resources estimated at 5 MMbbl. Hydrocarbon resources (category D1) of the block are estimated at 2 MMbbl of oil. The starting price amounts to RUB 10.537 million (USD 0.16 million). The winner will obtain a 25-year E&P license.  The Mayskiy block covers 22 sq km. Hydrocarbon resources (category D1) of the block are estimated at 2 MMbbl of oil. The starting price amounts to RUB 0.429 million (USD 6,700). The winner will obtain a 25-year E&P license.  The Podolskiy block covers 20 sq km and encompasses the Boguslavskaya prospect with oil resources estimated at 2 MMbbl. Hydrocarbon resources (category D1) of the block are estimated at 1 MMbbl of oil. The starting price amounts to RUB 3.39 million (USD 0.05 million). The winner will obtain a 25-year E&P license.  The Pervomayskiy block covers 82 sq km and encompasses the Alinskaya and Alinskaya Severnaya prospects with combined oil resources estimated at 3 MMbbl. Hydrocarbon resources (category D1) of the block are estimated at 9 MMbbl of oil. The starting price amounts to RUB 6.674 million (USD 0.1 million). The winner will obtain a 25-year E&P license.
Russia, not found