On 1 December 2017, OMV AG completed the acquisition of a 24.99% stake in Severneftegazprom developing the Russkoye Yuzhnoye field in Yamalo-Nenets Autonomous Okrug (Western Siberia). The transaction is retroactive as of 1 January 2017. On 5 March 2017, OMV AG and Uniper SE (E.ON SE) signed an agreement to acquire a 24.99% stake in Severneftegazprom. Uniper SE had agreed to sell its share in the project for USD 1.85 billion plus cash on the balance sheet as 31 December 2016. By its completion, OMV adds 100,000 boe/d of production. In 2016, the company produced 311,000 boe/d worldwide. In addition, OMV books recoverable reserves of 580 MMboe. Russkoye Yuzhnoye, discovered in 1969, is located in the eastern part of the Nadym-Taz Basin. Hydrocarbon pools have been identified within the 2,400 m section, from Middle Jurassic to Turonian but the major portion of gas reserves belongs to Pokur Formation PK1 Unit (Cenomanian) at a depth around 900 m. In 2016, Severneftegazprom produced about 25 Bcm of gas (2.3 Bcf/d). Initial 2P reserves of the field are estimated at 31.9 Tcf of gas, 70 MMbbl of oil and 14 MMbbl of condensate. Before the announced deal, Severneftegazprom was owned by Gazprom (40%), Wintershall (35%) and Uniper (25%). It has to be noted that Russkoye Yuzhnoye is the feedstock for the Nord Stream pipeline linking Russia with Germany. OMV is involved in the Nord Stream-2 project scheduled for completion in 2019. Â 
Russia (Central Volga-Urals Province (Volga-Urals B.)) Yuzhnoye (Bashkortostan)