Novatek adds Osenniy license to Yamal-Nenets acreage

PAO Novatek has secured a 25-year exploration license for the Osenniy area in the Yamal-Nenets autonomous region for an estimated 1.4 billion rubles, Novatek said. The license contains an estimated 4.411 billion boe, according to the Russian resource classification.

PAO Novatek has secured a 25-year exploration license for the Osenniy area in the Yamal-Nenets autonomous region for an estimated 1.4 billion rubles, Novatek said. The license contains an estimated 4.411 billion boe, according to the Russian resource classification.

The license is held under Novatek’s joint venture Arcticgas and borders the combine’s Samburgskiy area. Both licenses are in the Nadym-Pur-Taz region of Yamal-Nenets. Samburgskiy contains Acticgas’ Samburgskoye field, which also encompasses four other fields—North-Yesetinskoye, East-Urengoyskoye, and North-Purovskoye, as well as a part of Urengoyskoye.

In November Novatek announced the completion of two exploration wells, Nos. 306 and 307, in Kharbeyskoye field in the Tazovskiy district of Yamal-Nenets (OGJ Online, Nov. 3, 2017).

Contact Tayvis Dunnahoe at tayvisd@ogjonline.com.

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