On 4 September 2019, the Federal Agency for Subsoil Use held an auction for the Yambotysskiy block in Nenets Autonomous Okrug (Timan-Pechora Basin). Tatneft-NAO won the contest with offer of RUB 96.485 million (USD 1.46 million). The winner will obtain a 25-year E&P license including a seven-year exploratory stage.   The Yambotysskiy block covers 1,212 sq km in and encompasses the Kushvozhskiy and Nyadeytynskiy prospects with combined oil resources estimated at 9 MMbbl and several leads. Hydrocarbon resources (category D1) of the block are estimated at 137 MMbbl of oil. The starting price amounted to RUB 34.359 million (USD 0.52 million).
Russia, not found