JSC Volgogradneftegeofizika (the enterprise is part of the ROSGEO state holding) has completed field work at the Rakitovsky license block. The site, which is prospective for oil and gas, is located in Saratovsky, Lysogorsky, Tatishchevsky and Atkarsky districts of the Saratov Region.
The enterprise has performed 520.4 linear km of 2D seismic survey at the site. The research was carried out from February 2017 on the order of the company-subsoil user LLC Standart. The corresponding contract was signed in November 2016.
Currently, an interpretation of the obtained field data is performed. The results will allow to clarify the geological structure of the sites along the Devonian and Carboniferous series, to identify new oil and gas prospects and prepare them for deep drilling.
The report on the completed works will be submitted to the customer in the 1st quarter of 2018.
RG-Inform, Press Center of ROSGEO JSC
ROSGEO is a Russian multi-industry geological holding company, which offers a full range of geological exploration services from regional surveys to stratigraphic drilling and subsoil monitoring. The holding company boasts unique expertise, particularly in marine geology and shelf operations.
ROSGEO was established by Decree No. 957 of the President of the Russian Federation dated 15 July 2011 on the basis of Tsentrgeologia, one of the oldest exploration companies in Russia. ROSGEO is a fully state-owned company.
The enterprises within the holding company operate in eight federal districts of Russia. ROSGEO has enterprises located across the country. A total of more than 1,000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields such as the Astrakhan field (2.5 trillion cubic meters of natural gas), the Tengiz field (3.1 billion tonnes of oil), the Kovykta field (1.9 trillion cubic meters of natural gas), the Sukhoi Log deposit (about 2,000 tonnes of gold), the Kursk Magnetic Anomaly, and many others.
ROSGEO’s subsidiaries have rich experience in implementing projects abroad: dozens of new fields and deposits have been discovered in Asia, Europe, Africa, and Latin America.
ROSGEO clients include such companies as Gazprom, Rosneft, Lukoil, Severstal, MMC Norilsk Nickel, Itera, NLMK, Sibuglemet, BP, Chevron, and many others.