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8 Pages

Russian licensing review 2012


Russian licensing review 2012

Report summary

Russian exploration and development licensing declined sharply in 2012, with a total of only 67 known awards made. This constitutes a new low in a declining trend from a peak of 363 in 2006. Signature bonuses of US$3.6 billion were paid, of which US$3.15 billion were for just two strategic assets in West Siberia. These two licences, Imilorski and North Rogozhnikovski, contain large oil fields with reserves of almost two billion barrels.

What's included?

This report includes 2 file(s)

  • Russian licensing review 2012 PDF - 605.95 KB 8 Pages, 7 Tables, 4 Figures
  • Russia licensing review 2012 February 2012.xls XLS - 64.90 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

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  • Executive Summary
  • The top awards
  • 2012 – Continued decline
    • West Siberia
    • Volga-Urals
    • Timan-Pechora
    • East Siberia
    • Far East
    • North Caucasus
    • Barents Sea
  • Prospects for 2013
  • Appendix: Licences awarded in 2012

In this report there are 11 tables or charts, including:

  • Executive Summary
  • The top awards
    • Top 10 awards in 2012 by signature bonus (US$ million) and basin
  • 2012 – Continued decline
    • Number of licences awarded by year and region
    • Distribution of signature bonus payments in 2012 by region
    • Map - Blocks awarded in West Siberia and Timan-Pechora in 2012
  • Prospects for 2013
  • Appendix: Licences awarded in 2012
    • West Siberia
    • Volga-Urals
    • Timan-Pechora
    • East Siberia
    • Far East
    • North Caucasus
    • Barents Sea
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

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