On 16 October 2019, the Federal Agency for Subsoil Use held an auction for three blocks in Krasnoyarsk Kray (Eastern Siberia). Krasnoyarsk Oil & Gas Company (KNK) submitted winning bids for all blocks. The winner of the auction will obtain 27-year E&P licenses including a 7-year exploratory stage.   Details of the offer are as follows:  The Korybovkiy block covers 2,371 sq km in the Baykit and Angara-Yenisey basins. No wells have been drilled in the block. Reservoirs of the Riphean-Vendian section are the main exploratory target. Hydrocarbon resources (category D1) of the block are estimated at 13 MMbbl of oil and 1,606 Bcf of gas. The starting price amounted to RUB 11.2 million (USD 0.17 million). KNK offered RUB 12.32 million (USD 0.19 million).  The Panovskiy block covers 3,218 sq km in the Angara-Yenisey Basin. Seismic coverage amounts to about 300 km. No wells have been drilled in the block. Reservoirs of the Riphean-Vendian section are the main exploratory target. Hydrocarbon resources (category D1) of the block are estimated at 117 MMbbl of oil and 1,404 Bcf of gas. The starting price amounted to RUB 22 million (USD 0.34 million). KNK offered RUB 24.2 million (USD 0.38 million).  The Kezhemskiy block covers 2,257 sq km in the Angara-Yenisey Basin. No wells have been drilled in the block. Reservoirs of the Riphean-Vendian section are the main exploratory target. Hydrocarbon resources (category D1) of the block are estimated at 10 MMbbl of oil and 1,069 Bcf of gas. The starting price amounted to RUB 5 million (USD 0.08 million). KNK offered RUB 5.5 million (USD 0.09 million).
Russia, not found