Background

Gazprom Geologorazvedka is a wholly-owned subsidiary of Gazprom engaged in the entire range of exploration activities aimed at prospecting for new hydrocarbon fields and deposits both onshore and on the shelf of the Russian Federation, as well as in the follow-up exploration and pre-development of reserves in the existing fields. The company’s key objective is to replenish Gazprom Group’s mineral resource base.

Gazprom Geologorazvedka operates in the Yamal-Nenets Autonomous Area, Krasnoyarsk Territory, Irkutsk Region, Republic of Sakha (Yakutia), and central Russia, as well as offshore the Kara and Barents Seas and the Sea of Okhotsk.

Following Gazprom’s corporate social responsibility strategy, the company contributes to the social and economic development of the territories where it operates.

Gazprom Geologorazvedka has adopted the ISO 14001:2004 environmental management system. Industrial environmental control and environmental protection measures are carried out at all the company’s facilities.

The company is headquartered in Tyumen and employs over 700 people.

In 2012, Gazprom Geologorazvedka launched an exploration program in the Irkutsk Region, aiming to specify the structure and amount of hydrocarbon reserves and the geological model of the Kovyktinskoye field. Over the course of geological exploration, five wells have been drilled; two other wells are under construction. In the spring of 2016, 3D seismic surveys covering 5,050 square kilometers of the Kovyktinsky licensed block were completed.

At present, Gazprom Geologorazvedka performs geological exploration at four licensed blocks, namely Kovyktinsky, Khandinsky, Chikansky (Kovyktinskaya group of fields), and Yuzhno-Ust-Kutsky. Seismic surveys and well construction are carried out using modern technologies and materials, which ensures industrial and environmental safety.