Gazprom Granted Extension of Kovykta License


Kovykta Field and Pipeline
(Click to Enlarge)

Pursuant to the decision by the Federal Subsurface Use Agency, the license for hydrocarbons production and geological exploration in the Kovykta gas and condensate field was re-registered in the name of Gazprom.

Background

In March 2011 Gazprom acquired the assets of RUSIA Petroleum via an auction procedure. This entitled the Company to receive the subsurface use license for the Kovykta gas and condensate field.

A+B+C1+C2 gas reserves of the field make up 1.5 trillion cubic meters, the recoverable gas condensate reserves – 77 million tons. Besides, the Kovykta gas and condensate field contains abundant reserves of helium.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Regional Manager - Saybolt
Expertise: Business Development|Operations Management|Surveying
Location: Linden, NJ
 
Business Development Representative - Saybolt
Expertise: Business Development|Sales
Location: New Orleans, LA
 
Operations Support Specialist Job
Expertise: HR - General|Process Management|Secretarial or Administrative
Location: Denver, CO
 
search for more jobs

Brent Crude Oil : $56.58/BBL 1.32%
Light Crude Oil : $54.45/BBL 1.60%
Natural Gas : $2.62/MMBtu 1.15%
Updated in last 24 hours