No new reserves added to Shtokman field
Gazprom has completed the exploration of the Shtokman field and will not resume geological mapping in the course of the first production phase, a company representative confirms
Valerii Yunin, Deputy Head of Gazprom’s geological exploration department, says he does not expect additional resources to be added to the field’s reserves in 2008, B-port.com reports with reference to Rbc.ru.
At the same time, he does not exclude that new exact resource estimates might be made as production drilling starts. Official reserves in the Shtokman field now stand at 3,8 trillion cubic meters.
The statements from Mr. Yunin comes as the Dutch company Fugro is engaged in a contract with Shtokman Development Company to do test drillings around the field. As BarentsObserver has reported, Fugro’s Shtokman operation will last for three months with the Norwegian border town of Kirkenes functioning as base.
The Gazprom company representative in the interview with Rbc.ru also underlines that Gazprom in 2008 will record new reserves no lower than this year’s production figures.
The Shtokman field is located about 550 km north of the Kola Peninsula. Official production start is due in 2013.
