Lukoil, Gazprom Neft and Tatneft have formed New Oil Production Technologies LLC (each holding one third) to explore and produce conventional and unconventional hydrocarbons in the Savitskiy and Zhuravlyovskiy licences (Orenburg region, Volga-Ural). 3D seismic and expl wells have been completed in Savitskiy, with geophysical studies now underway. The partners are planning 3D seismic and expl wells (one conventional, one unconventional) in Zhuravlyovskiy by end-'23. Devt expected in '24.
(Volga-Ural) Lukoil, Gazprom Neft and Tatneft have formed New Oil Production Technologies LLC (each holding one third) to explore and produce conventional and unconventional hydrocarbons in the Savitskiy and Zhuravlyovskiy licences (Orenburg region).