Russia has extended the production-sharing agreement covering Kharyaga oil field in the Netets Autonomous District by 13 years (OGJ Online, Jan. 21, 2016).
The PSA, of which Zarubezhneft is operator with a 40% interest, now runs through 2031.
Kharyaga produces about 29,000 b/d of oil.
Other interests are Statoil Kyaryaga AS, 30%; Total E&P Russie, 20%; and Nenets Oil Co. JSC, 10%.
