RITEK to pay 128.9 mln rubles for two hydrocarbon fields in Udmurtia
MOSCOW. June 18 (Interfax) - OJSC Russian Innovative Fuel and Energy Company (RITEK), wholly owned by oil major Lukoil , has acquired at auction the subsurface resource rights to the Utyaganovsky and Byrgydinsky sections, materials from Subsurface Resources Agency (Rosnedra) show.
The company offered 51.11 million rubles (starting price 26.9 million rubles) for the former and 77.77 million rubles (70.7 million rubles) for the latter.
LLC Regional Oil Consortium won the auction for the development rights to the Butorikihinsky section, offering 6.82 million rubles (starting price 6.2 million rubles).
C1 oil reserves in the Utyaganovsky field are estimated at 445,000 tonnes, D1 resources at 0.84 million tonnes; in the Byrgydinsky field - C1 401,000 tonnes, C2 1.98 million tonnes, C3 599,000 tonnes, and D1 600,000; and in the Butorikihinsky field - C3 981,000 tonnes, and D1 600,000 tonnes.