Beregovoye field

The Beregovoye Field is a natural gas field in the northeast of Purovsky District, Yamalo-Nenets Autonomous Okrug, Russia. The field is developed by Sibneftegaz, a joint venture of Novatek and Itera. Sibneftegaz holds the exploration and development license for the Beregovoy license area until 2023.[1]

Beregovoye Field
CountryRussia
RegionYamalo-Nenets Autonomous Okrug
LocationPurovsky District
Offshore/onshoreOnshore
OperatorSibneftegaz
PartnersNovatek
Itera
Field history
Discovery1982
Start of production2007
Production
Recoverable oil (million tonnes)9.035
Recoverable gas324.211×10^9 m3 (11.4494×10^12 cu ft)

History

The field was discovered in 1982 and it was named after Russian geologist Vladimir Beregovoi.[2] It was to be developed by Sibneftegaz, a subsidiary of Gazprom. However, in late 1990s Gazprom lost control over Sibneftegaz and the main shareholder became Itera. The second largest shareholder became the Russian fertilizer producer Acron Group.

The field was ready for production in 2003; however, commercial production started only in 2007 after change in its ownership structure as Gazprom did not allowed produced gas to enter into the gas transportation system.[3][4][5][6] In 2006, Gazprom through its banking arm Gazprombank bought back controlling stake (51%) in Sibneftegaz from Itera and commercial production started after that.[5][6][7] In 2009, Itera bought Acron Group 21% stake in Sibneftegaz.[8]

In December 2010, Novatek bought a 51% stake in Sibneftegaz from Gazprombank.[9][10]

Reserves

It has reserves of 324.211 billion cubic metres (11.4494 trillion cubic feet) of natural gas, 0.991 million tonnes of gas condensate, and 9.035 million tonnes of crude oil.[2]

The field is connected by 32-kilometre (20 mi) pipeline with the Zapolyarnoye–Urengoi pipeline.[2]

References
  1. "Beregovoy License Area". Novatek. Archived from the original on 2013-04-17. Retrieved 2012-07-22.
  2. "ITERA Oil and Gas Company has put into commercial operation Beregovoye field" (Press release). Itera. 2003-05-23. Retrieved 2012-07-22.
  3. "Beregovoye gas condensate field in Yamalo-Nenets autonomous district put into commercial operation" (Press release). Itera. 2007-04-19. Retrieved 2012-07-22.
  4. "Gazprom continues to deny Itera access for Beregovoye". ICIS Heren. 2004-02-13. Retrieved 2012-07-22.
  5. "ITERA Shares Beregovoe with Gazprom". Kommersant. 2006-06-30. Archived from the original on 2016-03-04. Retrieved 2012-07-22.
  6. "Beregovoye gas deal in the pipeline". Upstream Online. NHST Media Group. 2006-02-24. Retrieved 2012-07-22.
  7. "Gazprom to buy Sibneftegaz stake and control of Beregovoye". ICIS Heren. 2006-02-28. Retrieved 2012-07-22.
  8. "Acron Sells Its Sibneftegaz Shares to Itera-Vostok" (Press release). Acron Group. 2009-08-09. Archived from the original on 2013-04-16. Retrieved 2012-07-22.
  9. "Novatek offers Sibneftegaz buyback". Upstream Online. NHST Media Group. 2011-01-21. Retrieved 2012-07-22.
  10. Begum, Aleya (2010-12-17). "Novatek seals Sibneftegaz stake". Upstream Online. NHST Media Group. Retrieved 2012-07-22.

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