Gazprom Transfers License for Vaneyvisskoye and Layavozhskoy
Stay informed with our
free newsletters

This news is classified in: Traditional Energy Oil and Gas

Dec 22, 2021

Gazprom Transfers License for Vaneyvisskoye and Layavozhskoye Fields To its Joint Venture With LUKOIL

A working meeting between  Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place today in St. Petersburg.

The parties discussed relevant issues pertaining to their cooperation.

Particular attention was paid to the progress and prospects of development operations at the Vaneyvisskoye and Layavozhskoye fields in the Nenets Autonomous Area.

Thermal Enhanced Oil Recovery (EOR) Market Report 2023-2033

Thermal Enhanced Oil Recovery (EOR) Market Report 2023-2033

Forecasts by Spending (CAPEX, OPEX), by End-use (Heavy Oil Production, Extra-heavy Oil Production, Other), by Type (Cyclic Steam Stimulation), In-Situ Combustion (ISC), Steam-Assisted Gravity Drainage (SAGD), Electrical Heating), by Method (Hot Fluid Injection Processes, In-Situ Combustion (ISC), Electric Heating Methods, Electromagnetic Method, Other), by Technology (Fast Steam Assisted Gravity Drainage (SAGD), (NCG-SAGD), Once Through Heat Recovery Steam Generators (OTSG), Solar Thermal Enhanced Oil Recovery (ST-EOR), Thermally-Assisted Gas-Oil Gravity Drainage (TAGOGD), Tertiary Gravity Drainage (TGD)) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis

Download free sample pages

In order to implement the project, a joint project company – Layavozhneftegaz (LVNG) – was set up in 2021. Gazprom has now transferred to LVNG the subsurface use license for the area that includes Vaneyvisskoye and Layavozhskoye.

During the next stage, LVNG will commence the design works for the development and pre-development of these fields. To that end, the company will use the data obtained through the 3D seismic surveys that were fully completed in 2021.