Gazprom Assesses the Potential for Increasing Production on the Continental Shelf
Gazprom’s potential recoverable resources on the continental shelf are 1.2 times higher than the current recoverable reserves – 8.7 billion tons of hydrocarbon reference fuel compared to about 7 billion, according to a member of the board, head of the company’s department Sergey Menshikov.
“The recoverable reserves of hydrocarbon raw materials of industrial categories in the licensed areas of Gazprom PJSC as a whole on the continental shelf today amount to more than 7 billion tons of hydrocarbon reference fuel. Potential recoverable resources are estimated at about 8.7 billion tons of hydrocarbon reference fuel,” he said in an interview. corporate magazine of the gas group.
Now Gazprom owns 23 licenses for the use of subsoil plots located on the continental shelf of the Barents, Kara and Okhotsk Seas, as well as eight licenses for the use of subsoil plots located in the territorial sea and inland sea waters of the Kara Sea of the Russian Federation, Menshikov specified.
He noted that in terms of the distribution of recoverable gas reserves on the sea shelves, the areas in the Barents Sea are in first place, followed by those in the Kara and Okhotsk Seas.
In general, a special role in the chain of implementation of all exploration work on the shelf of the Kara Sea, according to Menshikov, is occupied by the anchor Leningradskoye gas condensate field (GCF), which can become “the starting point for the start of large-scale development of resources” on the Arctic shelf. As for the Barents Sea, Gazprom’s key asset in its water area is the Shtokman gas condensate field with reserves of more than 3.9 billion tons of standard fuel, Menshikov added.
Gazprom is a global energy company. The main areas of activity are geological exploration, production, transportation, storage, processing and sale of gas, gas condensate and oil, sale of gas as a motor fuel, as well as production and sale of heat and electricity. It has the richest natural gas reserves in the world: its share in the world gas reserves is about 15%.
