18 Traktovaya street, Irkutsk city,
Irkutsk region, 664024 , Russia

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Sibnefteindustriya aims to expand its resource base through geological exploration at fields and license areas not only in close proximity to existing transportation and production infrastructure, but also in new potentially prospective hydrocarbon areas. The Company ensures the efficiency of geological exploration work by deploying state-of-the-art technologies and relying on the experience and expertise of the specialists in its geology department, and the Company’s Scientific and Technical Center located in Irkutsk City.

The Company uses a systematic and comprehensive approach to exploration and development of its fields and license areas, beginning with the collection and interpretation of seismic data to the creation of dynamic field models for the placement of exploration and production wells. We employ modern geological and hydrodynamic modelling as well as new well drilling and completion techniques to maximize the ultimate recovery of hydrocarbons in a cost effective and environmentally prudent manner.

At the Utrenneye field, we drilled an exploration well into the Jurassic layers, whereby two (2) productive formations with potentially high condensate content were penetrated. Reserves estimation was completed as was the development plan based on six (6) exploration wells drilled between 2014 and 2017, testing of four (4) previously drilled wells, and the running and interpretation of 1,850 square kilometers of 3D seismic. The field’s PRMS reserves addition for 2017 is estimated at 245 bcm of natural gas and 12 mmt of gas condensate. The field's PRMS reserves as of 31 December 2017 amounted to 1,029 bcm of natural gas and 49 mmt of gas condensate.

Irkutsk region

License blocks: Verhnekataganskiy , Slovutinsky, Khamakarsky, Verkhnenepsky (north), Verkhnetirsky, Ayansky (west), Potapovsky, Verkhnenepsky, Bolshetirsky, North-Mogdinsky, Srednenepsky, Kiysky, Yaliksky, West-Yaraktinsky, Ayansky

Oil and gas fields: B. Sinyavsky, Verkhnetirsky, Vyatshinsky, Gorazdinsky, West-Ayansky, West-Ayansky, Tokminsky, Ichyodinsky, Ayansky, Danilovsky, Yaraktinsky, Markovsky

Republic of Sakha (Yakutia)

License blocks: Iktekhsky, Verkhnedzhunkunsky, South-Dzunkunsky, Byuksky, Suntarsky

Oil and gas fields: Iktehskoe, Besuryahsky, Ilgichakhsky, Byuksky

Krasnoyarsk region

License blocks: Paimbinsky, Argishsky, Yangotoysky, Mutoraisky, Kimchukansky, Tamishsky, Nizhnemadashensky, Mundukshinsky, Laushkardinsky, Yurachinsky