print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Rosneft Oil Company press releases

Rosneft Oil Company

July 1, 2013

Rosneft launches exploration works and environmental analysis at Sea of Okhotsk blocks

Rosneft starts field seismic prospecting at the license blocks Lisyansky, Kashevarovsky and Magadan-1. Rosneft holds geological study at the blocks jointly with its partner Statoil ASA (Norway).

Currently 2D seismic along with shipborne gravity magnetic survey are planned for the blocks. The data is to be collected by geophysical methods from a specialized research vessel Academik Fersman.

The works will cover a total of 10,000 linear kilometers: 5,300 km on the Lisyansky licensed block, 2,000 km on the Kashevarovsky block and 2,700 km on Magadan-1.

Environmental and fishery research are to be performed at all the three blocks in 2013 by LLC Environmental Company of Sakhalin, a contractor for this work.

Another planned environmental protection measure is studying the subsea wellhead of the Khmitevskaya-2 well drilled on the Magadan-1 block in the 90's.

The field stage was preceded by large-scale preparation, i.e. detailed assessment of the planned works' environmental impact and receiving the necessary regulatory agency approvals. This preparation has been completely finished.

Apart from that, an environmental monitoring and production control program will be implemented during the seismic prospecting work to prevent and minimize possible negative environmental impact.

Rosneft geological prospecting program in the Sea of Okhotsk is performed with full compliance with Russian environment protection laws and license agreements.

Note for editors:

Rosneft obtained licenses for geological study and hydrocarbon production at license blocks Lisyansky, Kahsevarovsky and Magadan-1 in the Sea of Okhotsk late in 2011. The total prospective recoverable resources according to the Company and independent auditor DeGolyer and MacNaughton stand at 1,741 million tonnes of oil equivalent.
The current work at the blocks is performed by a regional management company OJSC RN Shelf Far East, a Rosneft subsidiary.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer