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Rosneft ends seismic season

We are on track in mapping our license areas, Rosneft says.

Russian oil major Rosneft in 2013 conducted more than 32 thousand kilometers of 2D seismic mapping in its offshore license areas.

Location

“All license obligations with regard to seismic mapping have been fully met”, Rosneft informs in a press release. The company in 2013 conducted a total of 32,727 km of 2D mapping, while another 2559 square kilometers of 3D mapping was completed, the company reports.

The seismic studies were conducted on the license areas of the Fedynsky, Tsentralno-Barentsevsky, the Vostochno-Prinovozemelsky 1-3, Yuzhno-Russky, Medynsko-Varandeysky, the Magadan 1-3, as well as the Lisyansky Kashevarovsky areas. A lion`s share of the mapping was conducted by Rosneft`s foreign partners ExxonMobil, Eni and Statoil. According to the agreement between Rosneft and the foreign companies, it is the latter which are to cover all costs related to seismic works.

In the Barents Sea, major expectations are linked with the Fedynsky structure, which according to Rosneft includes nine perspective structures with an estimated total resource potential of 18,7 billion barrels of oil equivalents.

Eni is to conduct a total of 6500 km of 2D mapping and 1000 km2 at the license area by year 2018 and drill a first well by 2020. The company will conduct an additional 3200 km of 2D and 1000 km2 of 3D mapping at the neighboring Tsentralno-Barentsevsky structures by 2016.

Statoil is similarly to conduct geological studies at the Perseevsky field in the northern part of the Barents Sea, as well as in the company`s three joint projects with Rosneft in the Sea of Okhotsk. The company will drill six wells in the area in the period 2016-2021.  

Rosneft is with its 44 licenses the biggest licenseholder in Russian waters. The lion`s share of the fields are located in the Arctic.