On 16 October 2019, the Federal Agency for Subsoil Use announced an auction for four blocks in Udmurtia Republic (Volga-Ural Province). The auction will be held on 11 December 2019. Applications should be submitted by 14 November. Each participant must make a refundable deposit equal to the starting price for the block. The deposit will be non-refundable if the winner fails to pay its winning bid. Additional information regarding the auction may be requested from:   Udmurtnedra  Izhevsk  Ukhtomskogo Str., 24  Details of the offer are as follows:  The Khmelevskoy block covers 15 sq km and encompasses a part of the Khmelevskoye field with 3P reserves estimated at 12.9 MMbbl of oil. Oil reserves are distributed within five reservoirs of the Visean-Moscovian sedimentary section. The starting price amounts to RUB 543.3 million (USD 8.36 million). The winner of the auction will obtain a 20-year E&P license.  The Pyzepskiy Yuzhnyy block covers 61.7 sq km and encompasses the Pyzherskoye Yuzhnoye field with 3P reserves estimated at 4.7 MMbbl of oil. Oil resources (category D1) of the block are estimated at 2 MMbbl. The starting price amounts to RUB 107.4 million (USD 1.65 million). The winner of the auction will obtain a 25-year E&P license.  The Kacheshurskiy block covers 115 sq km and encompasses the Kacheshurskaya and Menilskaya Severnaya prospects with combined oil resources estimated at 3.6 MMbbl. Oil resources (category D1) of the block are estimated at 5 MMbbl. The starting price amounts to RUB 8.7 million (USD 0.13 million). The winner of the auction will obtain a 25-year E&P license.  The Kamskiy Zapadnyy block covers 57.4 sq km. Oil resources (category D1) of the block are estimated at 4 MMbbl. The starting price amounts to RUB 0.9 million (USD 0.01 million). The winner of the auction will obtain a 25-year E&P license.
On 16 October 2019, the Federal Agency for Subsoil Use announced an auction for four blocks in Udmurtia Republic (Volga-Ural Province). The auction will be held on 11 December 2019.