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  • 2015 August 26 14:47

    Rosgeologia wins contract to study offshore hydrocarbon prospect in the Arctic

    Rosgeologia will engage in geological structure studies and hydrocarbon potential appraisal at the junction zone of the structures of the Polar Urals, Pai Khoya, and the West-Siberian Plate, the holding's press release says. A relevant government contract was signed with the holding company. The client is the Department of Subsoil Resources Management in the Continental Shelf and the World Ocean.
    The company will study the geological structure and the hydrocarbon potential of the marine extension of the Yamal oil and gas bearing region.
    Works will be conducted in the Baydarata Bay of the Kara Sea. The overall area of the section to be studied is 20,000 km2, the depth of studies is 10 km minimum.
    Specialists will conduct field geophysical works, whose results will be used to identify and trace key reflectors in the sedimentary mantle and the top of basement by seismic, gravimetric and magnetometric profiles. Geologists will search for direct hydrocarbon indicators in marine deposits using geochemical sampling and seismoacoustic profiling methods. Notably, integrated seismic sections will be created to illustrate the geological structure of the area being studied and offshore profiles matched with the profiles in the transition zone and onshore. Geologists expect to identify the possible traps for the zonal forecast of hydrocarbon potential and localization of hydrocarbon resources.
    Based on project implementation results, sections holding out promise in terms of hydrocarbons will be separated, their D1 and D2 inferred resources evaluated, and recommendations regarding the organization of subsequent geological prospecting works and identification of license areas drafted.
    Rosgeologia is to complete the contract by the end of 2017.
    Rosgeologia is a Russian multi-industry geological holding company which offers a full range of geological exploration services — from regional surveys to parametric drilling and subsoil monitoring. The holding company boasts unique expertise, particularly in marine geology and shelf operations.
    Rosgeologia was established by Decree No. 957 of the President of the Russian Federation dated 15 July 2011, and grew from Tsentrgeologia – one of the oldest exploration companies in Russia. Rosgeologia is a fully state-owned company.
    The enterprises within the holding company operate in all eight federal districts of Russia. Rosgeologia is made up of 38 enterprises located in 30 regions across the country. A total of more than 1,000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields such as the Astrakhan field (2.5 trillion cubic meters of natural gas), the Tengiz field (3.1 billion tonnes of oil), the Kovykta field (1.9 trillion cubic meters of natural gas), the Sukhoi Log deposit (about 2 thousand tonnes of gold), the Kursk Magnetic Anomaly, and many others.
    Rosgeologia’s subsidiaries have rich experience in implementing projects abroad: dozens of new fields and deposits have been discovered in Asia, Europe, Africa, and Latin America.
    Rosgeologia clients include such companies as Gazprom, Rosneft, Lukoil, Severstal, MMC Norilsk Nickel, Itera, NLMK, Sibuglemet, BP, Chevron, and many others.




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