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Gazprom Neft-Novatek joint venture brings Yamal gasfield into production

29th April 2015

Arktikgaz, a Gazprom Neft—Novatek joint venture, has brought a third field, the Yaro-Yahinskoye, into production

Arktikgaz, a Gazprom Neft—Novatek joint venture, has brought a third field, the Yaro-Yahinskoye, into production
JSC Arktikgaz holds exploration and production (E&P) licenses for the Samburgskoye license area, as well as licences for geological prospecting and hydrocarbon production within the Yevo-Yakhinskoye, Yaro-Yakhinskoye and Severo-Tchaselskoye areas

Production at the field is expected to reach previously projected levels, of around 7.7 billion cubic metres of natural gas and 1.3 million tonnes of de-ethanised gas condensate per year, in the nearest future. With thirty seven gas condensate wells drilled at the field, the infrastructure supporting this project includes a gas collection system, a gas treatment facility, and a condensate de-ethanisation unit.

Gazprom Neft first deputy CEO Vadim Yakovlev commented: “The Arktikgaz fields constitute a significant contribution to Gazprom Neft’s plans for the establishment of a new production cluster in the north of the Yamalo-Nenets Autonomous Okrug. By 2020 the three projects in this cluster — those of the Messoyakha and Novoportovskoye fields, together with the Arktikgaz assets — will account for approximately one quarter of all production at Gazprom Neft — with total production expected to reach 100 million tonnes of oil equivalent (mtoe).”

JSC Arktikgaz holds exploration and production (E&P) licenses for the Samburgskoye license area, as well as licences for geological prospecting and hydrocarbon production within the Yevo-Yakhinskoye, Yaro-Yakhinskoye and Severo-Tchaselskoye areas. The company’s proven reserves (PRMS standards) as at 31 December 2014 amount to 695 billion cubic metres of natural gas and 127 million tonnes of liquid hydrocarbons.

The first phase of the Samburgskoye field (part of the Samburgskoye license area) was brought into production in April 2012 and the second in December 2012, with the third commissioned in September 2014. Total capacity at the field is estimated at seven billion cubic metres of gas and 900,000 tonnes of gas condensate per year.

The first phase of the Urengoyskoye field (part of the Samburgskoye license area) was brought into production in April 2014 and the second in December. Total capacity at the field is estimated at 13 billion cubic metres of natural gas and 4.7 tonnes of de-ethanised gas condensate per year.

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