document: On 27 June 2019, the Federal Agency for Subsoil Use held an auction for four blocks in Perm Kray (Volga-Ural Province). Lukoil-Perm and STG-Service emerged as the winner of the auction.  Details are as follow:  The Osinskiy Zapadnyy block covers 440 sq km and encompasses the Glubokovskiy prospect with oil resources estimated at 7 MMbbl. Hydrocarbon resources (category D1) of the block are estimated at 28 MMbbl of oil. The starting price amounted to RUB 17.74 million (USD 0.28 million). The winner of the auction will obtain a 25-year license. Lukoil-Perm offered RUB 19.51 million (USD 0.31 million).  The Oshinskiy block covers 40.5 sq km and encompasses a part of the Kudryavtsevskoye field with 3P oil reserves estimated at 0.7 MMbbl. Hydrocarbon resources (category D1) of the block are estimated at 13 MMbbl of oil. The starting price amounted to RUB 23.273 million (USD 0.36 million). The winner of the auction will obtain a 25-year license. Lukoil-Perm offered RUB 25.6 million (USD 0.40 million).    The Cherchinskiy block covers 10.5 sq km and encompasses the Cherchinskoye field with 3P oil reserves estimated at 0.3 MMbbl. Hydrocarbon resources (category D1) of the block are estimated at 1 MMbbl of oil. The starting price amounted to RUB 4.14 million (USD 0.06 million). The winner of the auction will obtain a 25-year license. Lukoil-Perm offered RUB 4.55 million (USD 0.066 million).    The Zubovskiy block covers 6.04 sq km and encompasses the Zubovskoye field with 2P oil reserves estimated at 0.1 MMbbl. The starting price amounted to RUB 4.488 million (USD 0.07 million). The winner of the auction will obtain a 20-year license. STG-Service offered RUB 4.936 million (USD 0.076 million).
summary: Lukoil-Perm had been awarded the Osinskiy, Osinskiy Zapadnyy, Cherchinskiy blocks and STG-Service Zubovskiy block.