Rosneft to pay 1.7 bln rubles for Lempinsky-2 block in Khanty-Mansiysk district

MOSCOW. Dec 14 (Interfax) - Rosneft has won an auction for the rights to the Lempinsky-2 block in the Khanty-Mansiysk Autonomous District, paying 1.7 billion rubles or just above the starting price of 1.595 billion rubles, the Natural Resources Ministry told Interfax.

Rosneft and its subsidiary RN-Yuganskneftegaz applied to bid at the auction, reports said.

According to federal subsurface resources agency Rosnedra, the block is located in the area of Rosneft's licensed activity and borders on the Vostochno-Shapshinsky 2, Prirazlomny, Severo-Salymsky, and Pravdinsky license blocks and the North Petelinsky exploration area. From the southeastern side it borders the Yuzhno-Vladigorsky license area, the license to which is held by Yuzhno-Vladigorsky LLC.

Rosneft's subsoil use license for the Salym (Lempinsky area) block (license KhMN 03289 NE) is valid within the boundaries of the block.

The 1,640 square kilometer block has 6.263 million tonnes of category B1 oil resources by and 8.685 million tonnes of category B2 resources. Cumulative production amounts to 709,000 tonnes.

Forecast recoverable D1 oil resources are estimated at 11.9 million tonnes.

The northern part of the subsoil area has paved roads, the Magistralnaya-Roslyakovskaya and Pyt-Yakh-Roslyakovskaya 220 kV power lines. The Kholmogory-Klin trunk pipeline runs from the northeast to the southwest on the site's territory. The Urengoy-Chelyabinsk main gas pipeline and the Tobolsk-Surgut-N/V railroad pass 66 km to the southeast from the center of the site. The village of Lempino is also within the boundaries of the subsoil area.

Seismic reflection surveys were carried out at the site in 1959, 1962-1971, 2D common depth point works - from 1973 to 1994. 3D common depth point works were carried out from 1995 to 1997 and from 2006 to 2010.

The block has seen the drilling of 105 prospecting and exploratory wells with total penetration depth of 208,812 km, penetrating into the Jurassic and pre-Jurassic sediments.