On 9 August 2019, the Federal Agency for Subsoil Use held an auction for four blocks in Samara Oblast (Volga-Ural Province). The combined offers exceeded the starting price by five times.The winners of the auction will obtain 25-year E&P licenses.   Details of the offer are as follows:  The Gostevskiy block covers 105.5 sq km in the Buzulukskaya Depression and encompasses the Gostevskiy prospect with oil resources estimated at 15 MMbbl. Hydrocarbon resources (category D1) of the block are estimated at 9 MMbbl of oil. The starting price amounted to RUB 21.8 million (USD 0.34 million). Lukoil-subsidiary Ritek offered RUB 407.66 million (USD 6.4 million).  The Otradnenskiy block covers 96 sq km in the Buzulukskaya Depression and encompasses a prospect with oil resources estimated at 4 MMbbl. Hydrocarbon resources (category D1) of the block are estimated at 9 MMbbl of oil. The starting price amounted to RUB 3.4 million (USD 0.05 million). Tatneft-Samara offered RUB 56.1 million (USD 0.9 million).  The Vinogradovskiy block covers 15.8 sq km in the Zhigulevsko-Pugachevskiy Dome and encompasses the Vinogradovskiy prospect with oil resources estimated at 1 MMbbl. Hydrocarbon resources (category D1) of the block are estimated at 1 MMbbl of oil. The starting price amounted to RUB 1.7 million (USD 0.03 million). Region-Neft offered RUB 44.88 million (USD 0.7 million).  The Pavlovskiy block covers 114 sq km in the Buzulukskaya Depression and encompasses unlicensed parts of the Bogatyrevskoye, Subbotinskoye, Rechnoye and Polovetskoye fields with combined 3P reserves estimated at 7 MMbbl of oil. Hydrocarbon resources (category D1) of the block are estimated at 11 MMbbl of oil. The starting price amounted to RUB 138.3 million (USD 2.13 million). Rosneft-Samaraneftegaz offered RUB 331.92 million (USD 5.2 million).
Lukoil sub Ritek was awarded Gostevskiy block (106kmÂ²) in the Buzulukskaya Depression, Tatneft-Samara Otradnenskiy (96kmÂ²) and Pavlovskiy (114kmÂ²) blocks, in the same area, Rosneft-Samaraneftegaz Vinogradovskiy (16kmÂ²) block on the Zhigulevsko-Pugachevskiy Dome.