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Gazprom Neft finds new Russian field

Russian oil player plans to drill this year at the Novosamarskoye oilfield north of Kazakhstan

Gazprom Neft has discovered a new oilfield in southern Russia, close to the border with Kazakhstan, where the Russian player plans further drilling later this year.

The Novosamarskoye field — in the Sorochinsky district of Orenburg Oblast – has initial oil-in-place reserves estimates of more than 58 million barrels, it said.

“This is the first discovery at the area under investigation, which company specialists believe contains a series of smaller deposits,” the company said.

It added that the field was discovered by Gazprom Neft subsidiary Gazpromneft Orenburg, "following the drilling of an exploration well which, in trials, delivered free-flowing oil".

Gazprom Neft expects to obtain a licence for oil production at the field in the first quarter of the year.

The company's head of geological prospecting, Vadim Shashel, said: “The discovery of the Novosamarskoye field confirms our view regarding the presence of several fields at the Uransky licence block.

"Increasing precision in geological prospecting together with enhanced oil recovery rates mean Gazprom Neft is able to bring smaller reserves into development on a viable basis,”.

“We plan to drill a further two exploration wells at Novosamarskoye as part of production testing as early as 2017,” he added.

The company is also planning to start pilot operations at its onshore Severo-Samburgskoye field in northern Russia later this year.

Gazprom Neft said it intends to re-test two oil wells at the field, which is located in the Purovsky district in the Yamalo-Nenets autonomous region, as well as to carry out 3D seismic work to help fine-tune data on the geological construction of the field.

Geological modelling of the field indicates oil reserves of about 525 million barrels, Gazprom Neft said.