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East-Siberian Oil and Gas Company



East-Siberian Oil and Gas Company

OJSC East-Siberian Oil and Gas Company was established in April 1994 to succeed the state companies Eniseineftegazgeologia and Eniseigeofizika. The company holds an exploration and production license to the Yurubcheno-Tokhomskoye field as well as an exploration license to the Agaleevskoye gas condensate field in East Siberia.

East-Siberian Oil and Gas Company, formerly owned by Yukos, was acquired by Rosneft at an auction held in May 2007.

Seasonal oil production was carried out at the field in the last years to provide for its own needs and needs of nearby communities.

Due to its geological and structural complexity, the Yurubcheno-Tokhomskoye field will be developed in several stages. In the preparatory stage, which is scheduled through 2013, Rosneft plans to drill 28 production wells (including horizontal wells) and to build necessary production infrastructure, as well as a 600-km pipeline to Taishet (the starting point of the ESPO pipeline).

Work was carried out in 2008 to prepare documentation for planned transport infrastructure, which will serve the first-stage area of the field, and also for construction of various ancillary infrastructure. Actual construction work is scheduled to begin in 2010.

East-Siberian Oil and Gas Company’s reserves (PRMS, DeGolyer & MacNaughton, as of December 31, 2008)

Proved hydrocarbon reserves, mln boe 161
Proved oil reserves, mln barrels 151
Proved gas reserves, bcm 1.6
 
Probable hydrocarbon reserves, mln boe 543
Probable oil reserves, mln barrels 528
Probable gas reserves, bcm 2.5
 
Possible hydrocarbon reserves, mln boe 1,352
Possible oil reserves, mln barrels 1,337
Possible gas reserves, bcm 2.5

East-Siberian Oil and Gas Company has not yet started producing commercial volumes of oil and gas.

East-Siberian Oil and Gas Company’s oil production

  2006 2007 2008
100%, thousand tonnes 42 39 28
100%, mln barrels 0.3 0.3 0.2
Rosneft’s share, thousand tonnes 0.0 13 28
Rosneft’s share, mln barrels 0.0 0.1 0.2

Contact Information

Full name: OJSC East-Siberian Oil and Gas Company

General Director: O. Saraev

Address: 36, Mira str., Krasnoyarsk, 660049

Tel: +7 (391) 252 46 01
Fax +7 (391) 252 46 60

E-mail: sekrvsnk@vsnk.ru

 


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