In early November 2018, Lukoil Zapadnaya Sibir obtained a new exploratory license in Khanty-Mansiysk (Yugra) Autonomous Okrug (Western Siberia). The company has five years to explore the Terpeyevskiy block located in the Ural-Frolov Province. The area covers 222 sq km and encompasses the Terpeyevskaya-2 prospect with oil resources estimated at 14 MMbbl. Three wells have been drilled in the block.
Lukoil secured sole rights to the Terpeyevskiy block (222kmÂ²) in the Khanty-Mansiysk AO.