Inform

Gazpromneft makes giant oil discovery in Russia’s Far East

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about subscriptions

Already have subscription? Sign In

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

On 4 October 2017, Gazpromneft announced a giant oil discovery on the Ayashski block offshore Sakhalin island in Russia's Far East. Initial in-place resources are estimated at 1.86 billion barrels of oil equivalent, making the Neptune field the biggest discovery in Russia and one of the largest globally in 2017. This opens a new growth area for Gazpromneft with big production potential post-2025. Neptune could produce up to 120,000 b/d at peak. This would allow Gazpromneft to offset decline from its mature asset base in West Siberia and boost company cash flow in the late 2020s.

What's included

This report contains

  • Document

    Gazpromneft makes giant oil discovery in Russia’s Far East

    PDF 1.46 MB

Table of contents

  • This opens a new growth area for the company with big production potential post-2025

Tables and charts

This report includes 1 images and tables including:

Images

  • Ayashski block in Russia's Far East

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898