On 16 July 2019, the Federal Agency for Subsoil Use announced an auction for the Soletsko-Khanaveyskiy block in Yamalo-Nenets Autonomous Okrug (Western Siberia). The auction is scheduled on 30 August 2019 with its application deadline on 9 August. The winner will obtain a 27-year E&P license with a seven-year exploratory stage. Additional information may be requested from:  Rosnedra  125993, Moscow,  B. Gruzinskaya Str., 4/6  Tel/Fax: +7 (499) 254-29-11  Email: spogonyailova@rosnedra.gov.ru   The Soletsko-Khanaveyskiy block covers 6,003 sq km in the southern part of the South Kara-Yamal Province at the Gydan Peninsula. It encompasses the Soletskoye discovery with 3P reserves estimated at 5.3 Tcf of gas and 8 MMbbl of condensate and several prospects with combined resources estimated at 8.2 Tcf of gas and 164 MMbbl of condensate. Seismic coverage amounts to 5,251 km. In total, fifteen wells have been drilled in the block. Hydrocarbon resources (categories D1+D2) of the block are estimated at 61 Tcf of gas and 1,524 MMbbl of condensate. Commitments require to use extracted gas for production of LNG by using the regional existing or planned infrastructure for liquification. Novatek only is the company meeting this requirement. The starting price amounts to RUB 2,351 million (USD 37.3 million).
On 16 July 2019, the Federal Agency for Subsoil Use announced an auction for the Soletsko-Khanaveyskiy block in Yamalo-Nenets Autonomous Okrug (Western Siberia). The auction is scheduled on 30 August 2019 with its application deadline on 9 August.