The Yuzhno-Russkoye field is a Russian oil and gas field located in the

Krasnoselkupsky District Krasnoselkupsky District (russian: Красносельку́пский райо́н, Selkup: Нярӄый щёй ӄумый район) is an administrativeLaw #42-ZAO and municipalLaw #41-ZAO district (raion), one of the seven in Yamalo-Nenets A ...

Yamal-Nenets Autonomous Okrug The Yamalo-Nenets Autonomous Okrug (YaNAO; russian: Яма́ло-Не́нецкий автоно́мный о́круг (ЯНАО), ; yrk, Ямалы-Ненёцие автономной ӈокрук, ) or Yamalia (russian: Ямалия) is a fe ...

Tyumen Oblast Tyumen Oblast (russian: Тюме́нская о́бласть, ''Tyumenskaya oblast'') is a federal subject (an oblast) of Russia. It is geographically located in the Western Siberia region of Siberia, and is administratively part of the Urals ...

History

The Yuzhno-Russkoye field was discovered in 1969. Preparation for the development of the field started in 1997. American oil company Moncrief Oil International claims that in 1997,

Gazprom PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the larges ...

's subsidiary Zapsibgazprom and Moncrief signed a contract according to which Moncrief acquired 40% of stake in the field, a claim that Gazprom does not recognize. According to the contract Severneftegazprom was established as operating company. In the following years control over Severneftegazprom was gained by

Itera ARETI International Group of Companies is a private energy company headquartered in Geneva, Switzerland. ARETI was created by Igor Makarov in 2015 as a result of rebranding of Itera International Group of Companies, which was started in 1992. T ...

and later regained by Gazprom. In 2004, Gazprom started negotiations with

BASF BASF Societas Europaea, SE () is a German multinational corporation, multinational chemical company and the List of largest chemical producers, largest chemical producer in the world. Its headquarters is located in Ludwigshafen, Germany. The ...

and E.ON over development the Yuzhno-Russkoye field. The inauguration ceremony launching work on the field was held on 18 December 2007.

Technical features

The gas field lies about one kilometer below the surface. The proven gas reserves of Yuzhno-Russkoye are 805.3 bcm (billion cubic meters) and estimated reserves are more than 1000 bcm of natural gas. The proven oil reserves are 5.7 million tons. The planned capacity of Yuzhno-Russkoye field is about 25 bcm of gas per year. Currently there are 26 gas wells in operation producing 15 million cubic meters of natural gas per day. It is designated to become the main natural gas supply for the

Nord Stream 1 Nord Stream (German-English mixed expression; german: Nord and en, Stream, literally 'North Stream'; russian: Северный поток, ''Severny potok'') is a pair of offshore natural gas pipelines in Europe that run under the Baltic Sea ...

pipeline.

Operating company

The licence for the Yuzhno-Russkoye field is owned by Severneftegazprom, the subsidiary of Russian gas company

. German energy company

Wintershall Dea Wintershall Dea GmbH is a German gas and oil producer. The joint venture was created in May 2019 by the merger between Wintershall Holding GmbH and DEA Deutsche Erdoel AG. BASF SE has a 67% stake in it, with the other 33% being held by LetterO ...

, a subsidiary of

, owns 35% minus one share (25% of voting shares minus one share) in Severneftegazprom. German company

Uniper Uniper SE �juːnipɚis an energy company based in Düsseldorf, Germany. The name of the company is a portmanteau of "unique" and "performance" given by long-term employee Gregor Recke. Uniper was formed by the separation of E.ON's fossil fuel ...

(previously E.ON) holds also 25% share of Severneftegazprom minus one share.

References

External links

{{Portal, Russia, Energy
Results of meeting on Yuzhno-Russkoye field project
by Gazprom 11 June 2004
E.ON and Gazprom Reach Understanding on Participation in Gas Field
by E.ON 13 July 2006
Gazprom and E.ON to swap assets
by Andrew E. Kramer, The New York Times 13 July 2006
Gazprom grows in Europe
by Andrew E. Kramer, The New York Times 28 April 2006 Oil fields of Russia Natural gas fields in Russia Natural gas fields in the Arctic Ocean Gazprom oil and gas fields Natural gas fields in the Soviet Union