On 14 September 2018, the Federal Agency for Subsoil Use held an auction for three blocks in Yamalo-Nenets Autonomous Okrug (Western Siberia). The winning bids were submitted by Fund Energy-subsidiary NovoKhim and Rosneft. The winners of the auction will obtain 25-year E&P licenses with a seven-year exploratory stage.  Details of the offer are as follows:  The Yerkutayakhskiy block covers 2,482 sq km in the southern part of the South Kara-Yamal Province. Seismic coverage amounts to 788 km of 2D data. Exploratory wells have not been drilled in the area. Hydrocarbon resources (categories D1+D2) of the block are estimated at 203 MMbbl of oil, 15,841 Bcf of gas and 242 MMbbl of condensate. The starting price amounted to RUB 185.06 million (USD 2.9 million). NovoKhim offered RUB 925.3 million (USD 14.5 million).  The Tolaveyskiy block covers 1,421 sq km in the eastern part of the South Kara-Yamal Province and encompasses the Tolaveyskaya and Tolaveyskaya-2 prospects with combined hydrocarbon resources estimated at 754 Bcf of gas and 6 MMbbl of condensate. Seismic coverage amounts to 1,301 km of 2D data. Exploratory wells have not been drilled in the area. Hydrocarbon resources (categories D1+D2) of the block are estimated at 166 MMbbl of oil, 7,987 Bcf of gas and 176 MMbbl of condensate. The starting price amounted to RUB 127.76 million (USD 2 million). Rosneft offered RUB 613.25 million (USD 9.6 million).  The Yamalskiy Yuzhnyy 6 block covers 1,444 sq km in the southern part of the South Kara-Yamal Province. Seismic coverage amounts to 1,235 km of 2D data. Four exploratory wells have been drilled in the area. Hydrocarbon resources (categories D1+D2) of the block are estimated at 115 MMbbl of oil, 9,045 Bcf of gas and 138 MMbbl of condensate. The starting price amounted to RUB 103.42 million (USD 1.6 million). NovoKhim offered RUB 113.76 million (USD 1.76 million).
Russia, not found