+7 495 109 9 509 (Moscow)

New arctic field hides large gas reserves, informs the Minister

Main » News » New arctic field hides large gas reserves,…

“We have tested 9 sections of the deposits of the Valanginian and Apt age. We found gas and gas condensate everywhere”, states Mr. Donskoy in the interview given to Interfax, informs “Vedomosti”

Kruzenstern licensed site is located partially inland and on the shelf. According to Mr. Donskoy, Gazprom is preparing for the test well boring on the offshore part of the field.

Gazprom informed about the plans for boring in May.

The drilling equipment was shipped to Sabetta – a new marine port on the North-eastern part of Yamal peninsula. Then it was delivered to the drilling area, located 380 km away, informs the representative of the company.

Kruzenstern site is situated on the western shore of the peninsula, not far from the giant Bovanenkovo field, where the extraction works have been carried out since 2012. The reserves of Kruzenstern field are estimated at 965bn cubic meters of gas С1 category. The field partially occupies the shelf of the Kara sea. In 2016, the first well was drilled on the field.

Gazprom intends to have the field on stream in 2022-2024 and extract up to 33bn cubic metres of gas.

The offshore part of the field provides for the erection of the artificial island to enable drilling. The construction works will “start soon”, says the Deputy General Director of Gazprom Geologorazvedka Nail Giniyatullin at the ceremony, dedicated to the erection of the memorial sign “First well”.

The development of Kruzenstern field opens up prospects for the development of the adjacent Kharasaveyskoye field.

Source: The Independent Barents Observer


Exclusive: Enterprise Products explores sale of Texas oil terminal stake – document

U.S. pipeline operator Enterprise Products Partners LP is looking to sell its 50% stake in a recently-completed South Texas crude export terminal, according to a marketing document viewed by Reuters. Enterprise is weighing an exit from the joint venture with terminal operator Plains All American Pipeline LP after proposing to build its own offshore port…

Novatek says ships 1st Yamal LNG cargo via Northern Sea Route

Russia’s largest independent natural gas producer, Novatek said Wednesday it shipped the first liquefied natural gas cargo from its giant Yamal LNG export plant via the Northern Sea Route. The 172,000-cbm ice-class LNG carrier Vladimir Rusanov left the Yamal LNG port in Sabetta on June 25 and is heading towards China, Mark Gyetvay, Novatek’s finance…

Putin vows tenfold Arctic shipping by 2025

Delivering his state-of-the-nation speech to the parliament on Thursday, Russian President Vladimir Putin highlighted the importance of speeding up the countries infrastructure developments. The Arctic plays a strategical important role in the plan. «A number of large-scale industrial projects in the Arctic have already been launched,» Putin said and ensured those projects meet the strictest…