15 Aug 2019 09:54

Gazprom books 83 bcm of gas at Ludlovskoye field in Barents Sea

MOSCOW. Aug 15 (Interfax) - Gazprom has booked 83 billion cubic meters of gas at the Ludlovskoye field in the Barents Sea before even starting drilling at the field.

The reserves of the Ludlovskoye gas field on the Barents Sea shelf were calculated in 2019 taking into account the recovery ratio in accordance with the method for estimating the recovery ratio approved by the State Reserves Commission for fields being explored and recommended for application starting in 2018, the Russian gas giant said in its quarterly report.

"The increase of recoverable gas reserves was 49.0 bcm for category C1 and 33.7 bcm for C2 (SRC protocol 03-18/93-pr, dated April 5, 2019)," Gazprom said.

Gazprom secured a 30-year license to the federal block that includes the Ludlovskoye gas field in July 2013. Field 3D seismic surveys were done at the block in 2015 by the Sovcomflot vessel Vyacheslav Tikhonov. Later, Gazprom VNIIGAZ LLC did comprehensive studies of core samples from the Nos. 2 and 3 wells that were drilled at Ludlovskoye in the last century.