Reserves at Gazprom Neft’s Neptune Field Reach 415 Million Tonnes

Posted by OilVoice Press - OilVoice


The Federal Agency for Mineral Resources has confirmed hydrocarbon reserves at Gazprom Neft's Neptune field, located offshore from Sakhalin Island in the Sea of Okhotsk, at 415.8 million tonnes of oil (C1+C2) – a 1.6-fold increase on the original estimate.

The Neptune field was Gazprom Neft's most important discovery of 2017. The subsoil usage licence to the Ayashsky licence block is owned by Gazpromneft Shelf. Work on well construction is being undertaken by Gazpromneft-Sakhalin, supported by the Gazprom Neft Science and Technology Centre. Based on the results obtained, a geological model has been constructed, and reserves estimates produced. Well core and fluid studies have been undertaken, together with interpretation of geo-physical well-logging data. 

Gazpromneft-Sakhalin is now continuing the construction of a second well at the Ayashsky licence block – which specialists from international consulting company Wood Mackenzie have included among their most anticipated exploratory wells of 2018. 

Gazprom Neft CEO Alexander Dyukov commented: “The Neptune field has become one of Gazprom Neft's most important assets, in terms of reserves. The Russian Far East is set to become a strategically important new region for our activities for many years to come, allowing the company to become more active in operating in the markets of the Asia-Pacific region. And while Gazprom Neft continues to engage in geological prospecting offshore from Sakhalin Island, our reserves in this region can only increase.”

New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Gazprom NeftNeptune FieldOffshoreSakhalin FieldSea of Okhotsk

More items from oilvoice

Cyber Security Experts Unite to Protect Europe’s Critical Industries

CS4CA Summit Returns to London this October Staying abreast of fast-paced industry developments is crucial for cyber security professionals. And while one can learn a lot from publications and social media, it's hard to beat the value of insights gained first-hand from peers. This is why 150+ IT ...

OilVoice Press - OilVoice

Posted 9 months agoPress > cybereurope

Africa E&P Summit

The organisers of the Africa E&P Summit are bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending frontier's event that they are organising and hosting in London at the IET: Savoy Place, 22-23 May. Over 200 key senior exec ...

OilVoice Press - OilVoice

Posted 1 year agoPress > Africasummitoil summit +2

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice

Posted 1 year agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice

Posted 1 year agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice

Posted 1 year agoPress > CNOOCChina National Offshore Oil CorporationChevron +11
All posts from oilvoice