Prospective Fields

Our asset base includes a number of prospective fields and license areas at various stages of exploration and development, which provide a basis for future sustainable hydrocarbon production growth. Fields in the Nadym-Pur-Taz Region are located in close proximity to existing transportation and processing infrastructure, which will enable their cost-effective development. The South-Tambeyskoye field, which is an integral part of the Yamal LNG project, is located on the coast of the Gulf of Ob, enabling efficient shipment of LNG to the international markets through the Port of Sabetta. The Salmanovskoye (Utrenneye) field on the Gydan Peninsula is in close proximity of the South-Tambeyskoye field, across the Gulf of Ob.

 

SeverEnergia Fields

OAO Arcticgas, a subsidiary of SeverEnergia (economic interest of NOVATEK in SeverEnergia is 54.9%), holds the exploration and production license for the Samburgskiy license area (which includes the Samburgskoye, North-Yesetinskoye, East-Urengoyskoye and North-Purovskoye fields, as well as a part of the Urengoyskoye field) and for the Yaro-Yakhinskoye, North-Chaselskoye and Yevo-Yakhinskoye fields.

In 2013 at the Yaro-Yakhinskoye field the construction efforts were focused on building gas and gas condensate pipelines, well pads, gas treatment facility, gas gathering network, power lines and living quarters. A power plant was launched at the field and construction of the first stage of an oil treatment facility was completed. Thirty (30) production wells have been drilled by the end of 2013.

 

Termokarstovoye field

The development license for the Termokarstovoye field is valid until 2021 and is held by Terneftegaz, in which NOVATEK holds a 51% equity stake.

The Termokarstovoye field was discovered in 1988 and consists of five gas condensate deposits at depths of 2,550 to 3,000 meters.

A decision was made to proceed with field development following successful geological exploration work carried out in 2011 and 2012. In 2012, we undertook work activities relating to field development and infrastructure, and on the project documentation for the field’s transport infrastructure. Preparations for construction works such as hydraulic earth filling, construction of well pads, and construction of river transport facilities for offloading of construction materials were also made.

In 2013 backfilling for the main production facilities was completed. Piling and construction of a living camp and gas and gas condensate pipelines were also underway. A record was set for the wellbore length at the field following the completion of a 5,201-meter gas condensate well with a horizontal section of 2,083 meters. At total of nine (9) production wells have been completed at the field by the end of 2013.

  

North-Khancheyskoye field

The license for the North-Khancheyskoye field is valid until 2029. One exploration well was drilled in 2012, leading to the discovery of one gas and one gas condensate reservoir. The field’s geological model was finalized, allowing us to proceed with field development planning and design work relating to surface facilities.

 

Yarudeyskoye field

The license for the Yarudeyskoye field is valid until 2029 and is held by Yargeo, in which NOVATEK has a 51% equity stake. Most of the recoverable reserves at the field are in located in crude oil deposits.

In 2012, an appraisal well was drilled at the field, which confirmed the field’s geological model and led to an increase of estimated reserves. Work on a development plan for the field was underway.

In 2013 the backfilling of well pads, roads and oil treatment facility started, as well as construction of power lines and gas and crude oil pipelines.

 

North-Russkoye field

The license for the North-Russkoye field is valid until 2031. A development plan for the field was completed in 2011, and site preparation and hydraulic earth filling were carried out in 2012.