In the first quarter 2020, Novatek-Yurkharovneftegaz was completing the drilling of a new-field wildcat at the Shtormovoy license in Yamalo-Nenets Autonomous Okrug (Western Siberia). Shtormovaya 125 with a PTD of 3,600 m is aimed at exploration of reservoirs in the Middle Jurassic-Neocomian section at the Yavayskaya Yuzhnaya prospect. By January 2020, the well reached 3,354 m. Based on the well results, Novatek plans to book 3P reserves estimated at 3.6 Tcf of gas and 86 MMbbl of condensate.  Yavayskaya Yuzhnaya is located in the north-eastern part of the Gydan Peninsula (South Kara-Yamal Province) extending in the Kara Sea. The well is located near the coast, almost in the middle of the prospect.
In the first quarter 2020, Novatek-Yurkharovneftegaz was completing the drilling of a new-field wildcat at the Shtormovoy license in Yamalo-Nenets Autonomous Okrug (Western Siberia). Shtormovaya 125 with a PTD of 3,600 m is aimed at exploration of reservoirs in the Middle Jurassic-Neocomian section at the Yavayskaya Yuzhnaya prospect. By January 2020, the well reached 3,354 m. Based on the well results, Novatek plans to book 3P reserves estimated at 3.6 Tcf of gas and 86 MMbbl of condensate. Yavayskaya Yuzhnaya is located in the north-eastern part of the Gydan Peninsula (South Kara-Yamal Province) extending in the Kara Sea. The well is located near the coast, almost in the middle of the prospect.