Licenses for 10 delineated oil fields and five exploration blocks in the Khanty-Mansiisk region of Western Siberia are to be offered for bidding to foreign and Russian companies.
On Sept. 26 the administration of the Khanty-Mansiisk Autonomous Okrug and the Russian Federation Committee for Geology and Usage of Mineral Reserves called for bids under the area's third licensing round.
Phil Baxter, marketing director of Jebco Seismic Ltd., London, which is promoting the round, said a deadline for submissions of bids had not been finalized.
Baxter said the 15 license areas on offer are spread out around the Khanty-Mansiisk region. The ten fields are awaiting development, while the five exploration blocks have not yet been drilled (see table).
The first Khanty-Mansiisk bidding round was organized in 1992 by jebco. Baxter said this resulted in acreage being taken up by Amoco Corp. and Shell International Petroleum Co. Ltd.
Amoco was said to have signed a deal to develop its blocks, while Shell is currently negotiating to develop a number of fields (OGJ, Oct. 3, p. 28).
The second licensing round was organized last year by the Khanty-Mansiisk administration, said Baxter.
jebco said companies will be able to bid for different forms of operation, including production sharing contracts. Foreign companies will not be required to involve Russian partners.
Selection of winners will be based on submission of a comprehensive feasibility study, said Jebco, including work pro-ram and bonus payments.
A visit to Khanty-Mansiisk in early November is being organized by the regional authorities. Presentations are to be held in London and Houston by Jebco in late November/early December.
Copyright 1994 Oil & Gas Journal. All Rights Reserved.
Issue date: 11/07/94
