Kamennomysskoye

Gazprom Neft has completed auditing of the company’s hydrocarbon reserves as at 2017. As at 31 December 2017 the company’s total proved and probable hydrocarbon reserves (proved + probable — 2P based on SPE-PRMS international standards,* including proportional shares in production at joint enterprises**) totalled 2.78 billion tonnes of oil equivalent (toe) — a year-on-year increase of 2.3 percent. Production volumes in 2017, at 89.75 mtoe, were compensated by reserves replacement in the …

Gazpromneft-Noyabrskneftegaz and Gazpromneft-Yamal, subsidiaries of Gazprom Neft, have won recent tendering rounds for subsoil usage rights to the Yuzhno-Noyabrskoye and Kamennomysskoye (onshore) fields, both located in the Yamalo-Nenets Autonomous Okrug, in close proximity to Gazprom Neft’s existing infrastructure. Recoverable oil reserves at the Yuzhno-Noyabrskoye field include 0.655 million tonnes of C1 reserves and 0.2 million tonnes of potential (recoverable) …

In part 2, we conclude the article by looking at the production outlook, including market risks.  (Click here for Part 1) Production Outlook While the discussion above points to considerable upstream activity, much of the expected production increments in the coming years come from either the Nadym-Pur-Tazovsky Region (existing fields still …