Gazprom Neft and Novatek to determine the period of development of a deposit

​Soon Gazprom Neft and Novatek will determine the period of development of a deposit in the framework of a JV SeverEnergy, financial director of Gazprom Neft, A. Yankevich, said.

Soon we are to determine our program of capital investment and a certain period of the oil program.

Speaking about the Yaro-Yakhinsky deposit, I can’t name certain period and volumes.

We are working on the optimization of the production program of SeverEnergy and on the optimization of the monetary flow of this project, he said.

In 2016 it is planned to extract 2.5 mln tons of oil at the Novoportovsky deposit, 2.1 mln tons at the Prirazlomny.

SeverEnergy via its affiliate Arcticgas holds the licenses for exploration and extraction at the deposits of the Samburgsky license site and for geological study and hydrocarbons extraction at the Yevo-Yakhinsky, Yaro-Yakinsky and North-Chaselsky license sites in the Yamal Nenets Autonomous Area.

The company’s reserves make up 1.35 trln cubic m of gas and 699 mln tons of condensate.