RosGeo became the winner in 7 tenders in the hydrocarbon exploration area for the amount of 8.9 billion rubles

03.06.2020

Moscow, June 3, 2020 RosGeo was recognized as the winner in 7 tenders on regional geological exploration of mineral resources in the field of hydrocarbon raw materials, conducted by FSBI All-Russian Research Geological Petroleum Institute (VNIGNI) for a total of 8,9 billion rubles, that will contribute significantly to the company revenue growth in the current and next years.

In particular, as a result of the procurement procedures RosGeo was recognized to be the winner in the tenders for drilling of deep parametric wells Kanandinskaya (stage I; contract price – 2,2 billion rubles), and Chambenskaya 1 (stage II; contract price – 2,5 billion rubles) in Krasnoyarsk Territory.
The company also won a tender for integrated geophysical and geochemical operations on assessment of the hydrocarbon potential and localization of forecast resources of hydrocarbons in Nam area in the Republic of Sakha (Yakutia). The contract price is 1.5 billion rubles.
In addition, Rosgeologiya was recognized as the winner of the tender for development of a regional network of reference geological and geophysical profiles for study of geological structure, morphology and estimation of hydrocarbon potential of the sedimentary basins in the Barents Sea. The contract price is 0.9 billion rubles.
The company was also announced as the winner in the tender for development of a regional network of mutually linked reference geological and geophysical profiles for elaboration of a volumetric model of the Tersko-Caspian, Central and East-Caucasian oil and gas bearing regions and assessment of the resource base of the main oil and gas bearing structures of Paleozoic-Kainozoic sediments based on 3D basin modeling, new seismic exploration and drilling data. The contract price is 0.7 billion rubles.
As a winner of the tendering procedures RosGeo will also conduct regional seismic surveys within the Blagoveshchensk basin and the South Tatar arch in the Republic of Bashkortostan (the contract price is 0,55 billion rubles), as well as regional seismic surveys of CDPM 2D on the territory of the Shelkovo section on the territory of the Chechen Republic, the Republic of Dagestan and Stavropol Territory at the price of 0,49 billion rubles.
The implementation of these projects will have a significant positive impact on the financial situation in RosGeo.

Reference:

RosGeo is a Russian multi-disciplinary geological holding that carries out a full range of services related to geological exploration: from regional surveys to parametric drilling and monitoring of subsoil conditions. The holding company boasts a unique expertise, particularly in marine geology and shelf operations. 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. Rosgeo is a fully state-owned company.

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