Asset Report
Russia West Siberia (South Kara/Yamal) exploration basin
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Russia’s West Siberia (South Kara/Yamal) Basin is located within the Arctic Circle and is thought to be gas-prone. Exploration, started in the 1960s, have mostly focused on Cretaceous reservoirs in the onshore area of the basin. In recent years, more wells have also been drilled offshore, in the shallow waters of the South Kara Sea. Multiple recent giant gas discoveries in the shelf and Gulf of Ob shelf area, including NOVATEK’s North Obskoye (2018), Gazprom’s Dinkov (2018), plus Rosneft’s Marshal Zhukov and Marshal Rokossovski (2020) placed the basin to top the global list by discovered resources in 2016-2020. EU/US sanctions in place since 2014 have impacted IOCs’ participation. Exploration in the basin is carried out by Russian companies, and is more about long-term supply rather than fast commercialisation. This analysis looks at the exploration potential in the Cretaceous Onshore, the Mesozoic Shelf and the Gulf of Ob Shelf plays.
Table of contents
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Summary of commercial outlook
- Advantages:
- Challenges:
- Wells drilled
- Discovered resources
- Licensing
- Company activity
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Prospective resources by play
- Mesozoic Shelf - Gas
- Gulf of Ob Shelf
- Prospective resource costs and underlying development assumptions
- Development value
- Prospect economics - Cretaceous Onshore
- Prospect economics - Mesozoic Shelf - Gas
- Prospect economics - Gulf of Ob Shelf
- Full-cycle basin economics
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
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Exploration history mapDrilling activity by well typeDiscoveries and success rates
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Top 10 discoveriesCurrent acreage holdersCreaming curveProspective resource summaryCretaceous OnshoreMesozoic Shelf - gasGulf of Ob ShelfSummary of discovery and development costsUnit value of potential discoveries
- 17 more item(s)...
What's included
This report contains:
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