Saturday, October 24, 2020
Home Oil & Gas Gazprom hits natural gas at the Kara Sea

Gazprom hits natural gas at the Kara Sea

State-owned energy company Gazprom announced that a new gas deposit was discovered at the Leningradskoye field of the Yamal gas production centre.

As a result of drilling and testing of an exploratory well, the commercial gas inflow was obtained with a flow rate of about 600,000 cubic metres per day.

“This proves that the new deposit contains substantial amounts of gas,” reads the company’s statement. Therefore Gazprom estimates that the field’s commercial value is now much higher than before.

The Leningradskoye field is located within the Leningradsky licensed block and is estimated to have recoverable gas reserves of 1.9 trillion cubic metres.

This marks the fourth major discovery made by Gazprom on the shelf of the Yamal Peninsula in the Kara Sea over the last two years.

In 2019, Gazprom discovered the Dinkov and Nyarmeyskoye fields on the shelf of the Yamal Peninsula in the Kara Sea. In 2020, the Company discovered the 75 Years of Victory field on the Yamal shelf.

The Yamal Peninsula in and around Northwest Siberia is one of the richest areas of Russian gas fields. Gazprom has 32 gas fields operating on this peninsula, producing 96 billion cubic metres of gas for the Russian company in 2019. The productive capacity of the area is estimated at 360 billion cubic metres, which makes it Russia’s largest natural gas reserve and the new discoveries can be added to the existing network of pipelines to central Russia and further to Europe via the North Stream pipes.

Gazprom said that it will calculate the newly-discovered reserves of the Leningradskoye field and present the findings to the State Reserves Commission to record them in the state register.

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