O&G extraction in Yamal scaled up drastically

Yamalo-Nenets autonomous district registers the soaring increase in hydrocarbon extraction. In comparison with the first half of 2016, gas extraction increased by 15%, oil – 25%. That was reported by TASS News Agency with the reference to the media service of the governor. This year extraction indexes are as follows: oil extraction – 15.12m tonnes, natural gas – 277.4bn cubic metres.

The Governor’s media service informs that on 1 July 2017, the autonomous district accounted for 256 valid licenses, permitting hydrocarbon geoexploration and extraction works, including 235 licenses on onshore developments and 21 on shelf exploration in the Kara sea.

Currently, 35 companies are extracting gas on 94 fields. Gazprom subsidiaries account for the largest extracted hydrocarbon volume. Overall production index for the first half of 2017 totalled 210.47bn CBM, i.e. 76% of total gas production in the region.

21 companies extract oil on 66 fields. Main extractors in YNAO are Rosneft, Gazprom Neft, and Novatek.

Let us recall that for the first time in recent 12 years, oil extraction growth is registered. According to the regional administration, 2016 was remarkable due to the commissioning of Yarudeyskoye (Novatek), Novoportovskoye (Novatek), Vostochno-Messoyakhskoye (Gazprom neft) fields. Besides, “Arctic Gate” marine oil loading terminal was launched on the premises of Novoportovskoye.

The share of YNAO in proven reserves of gas exceeds 70%, oil and condensate – 18%. The volume of prospective reserves on the Yamal peninsula is 44.5 TCM of gas, 5bn tonnes of oil and 2bn tonnes of condensate. Local grade of light oil “Novy Port” outstrips not only Russian Urals mix, but also European Brent by the low sulphur concentration (0.1%).

Source: TECHNOBLOG

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