Rosneft, BP to develop Russian gas field

Rosneft and BP will jointly develop oil and gas resources on two licenses in the Yamalo-Nenets Autonomous District of northern Russia encompassing giant Kharampurskoye natural gas and condensate field.
Dec. 22, 2017

Rosneft and BP will jointly develop oil and gas resources on two licenses in the Yamalo-Nenets Autonomous District of northern Russia encompassing giant Kharampurskoye natural gas and condensate field.

The Russian company will hold 51% interest in the project, and BP will hold 41%.

The companies will develop conventional gas reserves in Cenomanian strata and conduct pilot production and subsequent development of tight Turonian formations. They’ll also optimize oil production.

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