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Rosneft Concludes Public Hearings on Seismic Study Programme at Three Blocks in the Western Arctic

27 March 2012

Rosneft has concluded a series of public hearings on its 2012 seismic study programme for the East Prinovozemelsky 1 and 2 blocks in the Kara Sea and the Youzhno Russky block in the Pechora Sea.

Public hearings began in early February in Arkhangelsk and in the village of Yar-Sale in the Yamalo-Nenets autonomous region. Presentations were given to the public on key project and environmental aspects in the seismic study programme for the East Prinovozemelsky 1 and 2 blocks.

In Salekhard a Rosneft delegation held a working meeting at the Yamalo-Nenets autonomous region government with department and municipality heads as well as NGO leaders.

The delegation laid out the main points in the seismic study programme for the East Prinovozemelsky 1 and 2 blocks and also shared the Company’s successful experience in offshore projects in the Far East that were challenging both in terms of field geography and the harsh climate.

Rosneft currently operates offshore projects around Sakhalin both independently and in partnership with global oil majors. Meeting participants were shown a video about the unique technologies and environmental solutions used in the Sakhalin 1 project and other geological studies over the last decade. The government of the Yamalo-Nenets autonomous region and the authorities in the Yamal district agreed to provide all the support required, within their authority, to carry out seismic survey at the East Prinovozemelsky 1 and 2 blocks.

Public hearings on the seismic study programme for the Youzhno Russky field were held in mid-February in the village of Iskatelei in the Polar district. The seismic programme designers and environmental specialists from RN-Shelf-Far East presented plans for studies at the license block to the public.

The results of the public hearings are now being processed and will be included in project materials provided to the government for environmental review.

Notes for editors:

Rosneft received licenses to study, explore and produce oil and gas at the East Prinovozemelsky 1, 2 and 3 blocks in the Kara Sea and the Youzhno Russky block in the Pechora Sea in 2010.

Total recoverable resources at the three East Prinovozemelsky blocks are currently estimated at 4.9 billion tonnes of oil and condensate and 8.3 trillion cubic metres of gas. The Youzhno Russky deposit is estimated to hold 270 million tonnes of oil and 64 billion cubic metres of gas.

RN-Shelf-Far East, Rosneft’s Far East offshore subsidiary, operates these projects.

 

Rosneft
Information Division,
March 27, 2012
Tel.: +7 (495) 411-54-20
Fax: +7 (495) 411-54-21