Gazprom Neft has secured subsoil utilization rights for geological prospecting within the west of the Taimyr Peninsula. The twelve blocks, overlaying a complete 5,000 sq. kilometres, are positioned within the Dolgano-Nenetsky municipal district within the Krasnoyarsky Krai.
Licenses to Zapadno-Taimyrsky blocks 1–12 have been issued for a interval of seven years, with Gazprom Neft buying them beneath the “Declarative Principle” (a brand new regulatory regime permitting unexplored blocks with possible reserves to be allotted with out the necessity for an public sale) for the primary time. This regime gives for utilization rights to a block being awarded to whichever subsoil consumer is first to submit an accurate and full utility, offered that such block doesn’t comprise recognized reserves and/or class D0 and/or DL inferred (potential however as but undiscovered) hydrocarbon assets.
The Taimyr blocks are characterised by a particularly low degree of geological investigation, and are significantly distant from transport and oil and fuel infrastructure. Gazprom Neft is anticipated to undertake evaluation and consolidation of regional information, along with aerial geophysical and field-based geological surveys of the realm, in 2021–2
Alexander Dyukov, CEO and Chairman of the Management Board, Gazprom Neft, commented: “Developing oil manufacturing initiatives within the Arctic is a strategic precedence for our firm. There is a mess of alternatives, each in beforehand found fields, and in exploring for brand spanking new ones, past the northern Arctic Circle. Taimyr is likely one of the most under-researched areas in our nation; we estimate this area’s potential very extremely, and are beginning to put in place a geological exploration programme to analyze it.”
The Taymyr Peninsula lies between the Yenisei Gulf of the Kara Sea and the Khatanga Gulf of the Laptev Sea within the Far North of Russia.
(Source and picture: Gazprom Neft/Krasnoyarsky Krai panorama)

The put up GAZPROM NEFT ENTERS THE TAIMYR PENINSULA appeared first on Energy Global News.

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