Agency to auction 4 hydrocarbon deposits in Saratov Region Aug 17

MOSCOW, Jun 22 (PRIME) -- Russia’s Federal Mineral Resources Agency plans to auction the Yuzhno-Dergachyovsky, Zapadno-Karamyshsky, Grigoryevsky and Khlebnovsky oil and gas fields located in the Saratov Region on August 17, it said in a statement on Tuesday.

The Yuzhno-Dergachyovsky deposit has recoverable reserves of 37.8 million tonnes of oil, 176.7 billion cubic meters of gas, and 25.3 million tonnes of gas condensate of the D1 category, the initial bid is 497 million rubles.

The Zapadno-Karamyshsky deposit has recoverable reserves of 146 million cubic meters of gas of C1 category, and 728 million cubic meters of gas of the C2 category, the initial bid is 22 million rubles.

The Grigoryevsky deposit has recoverable reserves of 1.5 million tonnes of oil of the D1 category, the initial bid is 4.6 million rubles.

The Khlebnovsky deposit has recoverable reserves of 0.3 million tonnes of oil and 0.1 billion cubic meters of gas of the D1 category, the initial bid is 0.6 million rubles.

Bids for participation in the four auctions are collected until July 19.

(73.1661 rubles – U.S. $1)

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