14 Jan 2013 09:30

14 bidders vying for 4 Yakutia hydrocarbon licenses

YAKUTSK. Jan 14 (Interfax) - Yakutia's natural resources department (Yakutnedra) on Friday completed accepting applications to bid in the February 1 auctions for the rights to four hydrocarbon blocks in the Far Eastern Russian republic.

Yakutnedra head Gennady Naumov told Interfax that there are five bidders for the Vilyuisko-Dzherbinsky block, four for the Iktekhsky, three for the Srednevilyuchansky and two for the Khotogo-Murbaisky.

The 927-square-km Vilyuisko-Dzherbinsky block is located in a relatively well-developed area and is well explored. The area has two power plants: Vilyuskaya HPP 1-2-3 with installed capacity of more than 1,000 MW and the 120 MW Mirninskaya GRES. The block is located about 50 km from the nearest power line, 85 km from a gas pipeline and 80 km from a trunk oil pipeline. Extensive exploration ahs been done at the block, including seismics and deep drilling, with 11 wells of 1,630 to 2,762 meters drilled. Seven wells are idle and four have been abandoned. The block has gas reserves and resources of 18.984 billion cubic meters C1 category, 16.431 bcm C2 category and 14 bcm D2 category. It is being offered at a starting price of 172 million rubles.

The 1,271-square-km Iktekhsky block is located near the Tas-Yuryakhskoye and Verkhnevilyuchanskoye fields, which border it on the west and east, respectively. An operating gas pipeline passes through the block, and a power line runs along a road that goes through the block. Exploration work done at the block includes seismic, electronic, gravitational and magnetic surveys, as well as deep drilling; 21 wells have been drilled, of which 10 are idle and 11 have been abandoned. The block, which includes the Iktekhskoye oil and gas condensate field and the Besyuryakhskoye gas field, is being offered at a starting price of 315.5 million rubles. It has reserves and resources include oil: 6.248 million tonnes C2 and 3.24 million tonnes D1; gas: 7.423 bcm C1 and 11 bcm D1; and condensate: 0.147 million tonnes C1 and 0.248 million tonnes C2.

The 5,779.5-square-km Srednevilyuchansky block is located 35 km southeast of the city of Mirny with its developed diamond mining and oil and gas industry, near an airport, and 5 km from a 230-km class III highway and a power line. An oil pipeline is located 300 km southwest and the Eastern Siberia - Pacific Ocean oil pipeline is located another 115 km southwest, and a gas pipeline is located 10 km from the block. Five deep wells (10,869 meters) have been drilled at the block; four have been abandoned and one is slated to be abandoned. The block, which is being offered at a starting price of 62.5 million rubles, has D1 oil resources of 9.8 million tonnes, and C3 and D1 gas resources of respectively 46.5 bcm and 113.8 bcm.

The 533.7-square-km Khotogo-Murbaisky block is located 20 km southeast of the Srednebotuobinskoye oil and gas condensate field, 100 km northwest of the city of Lensk, the base for a number of industrial enterprises, a railroad and a river port. Exploration at the block has been conducted since the mid-1950s and exploration drilling was done from 1977 to 1979; two wells were drilled: No. 730 with a depth of 2,262 meters and No. 733 with a depth of 2,229 meters, both of which have been abandoned. The block, which is being offered at a starting price of 36 million rubles, C1 and C2 gas resources of respectively 1 bcm and 9.6 bcm.