document: On 15 January 2019, the Federal Agency for Subsoil Use held an auction for two blocks in Yamalo-Nenets Autonomous Okrug (West Siberia). Gazprom Neft-Noyabrskneftegaz emerged as the winner for both licenses. The winner of the auction will obtain 25-year E&P licenses with a seven-year exploratory stage.   Details of the offer are as follows:  The Novoromanovskiy block covers 110 sq km in the northern part of the Middle Ob Province and encompasses a part of the Romanovkoye oil field with 3P reserves estimated at 42 MMbbl. Seismic coverage amounts to 253 km of 2D data and 135 sq km of 3D data. Four exploratory wells have been drilled in the area. Hydrocarbon resources (categories D1+D2) of the block are estimated at 54 MMbbl of oil, 38 Bcf of gas and 1 MMbbl of condensate. The starting price amounted to RUB 428.78 million (USD 6.4 million). Gazprom Neft-Noyabrskneftegaz offered RUB 471.658 million (USD 7 million).  The Stakhanovskiy Severnyy block covers 2,083 sq km in the southern part of the Nadym-Taz Province and encompasses the Stakhanovskoye Severnoye and Yokhturskoye Severnoye discoveries with combined 3P reserves estimated at 9 MMbbl of oil and two prospects with combined resources estimated at 29 MMbbl of oil, 60 Bcf of gas and 1 MMbbl of condensate. Seismic coverage amounts to 1,912 km of 2D data. Nine exploratory wells have been drilled in the area. Hydrocarbon resources (categories D1+D2) of the block are estimated at 175 MMbbl of oil, 2.3 Tcf of gas and 41 MMbbl of condensate. The starting price amounted to RUB 269.42 million (USD 4 million). Gazprom Neft-Noyabrskneftegaz offered RUB 296.363 million (USD 4.4 million).
summary: Russia, not found