Gazprom & Partner Greenlight New Gas Project
Russia's Gazprom and Rusgazdobycha have taken a final investment decision (FID) on development of the Semakovskoye gas field in Western Siberia, the companies said on June 2.
Semakovskoye is the largest of three fields in the Yamalo-Nenets region operated by Rusgazalyans, a 50:50 joint venture Gazprom set up with the privately-owned Rusgazdobycha in 2017. In their statement, the partners estimated Semakovskoye's recoverable gas reserves at 320bn m3. Previously Rusgazdobycha has assessed its resources at 350bn m3.
Rusgazalyans has undertaken design studies and surveys on the field, prepared project documentation and received permission from authorities to begin onshore construction and installation work. Most of Semakovskoye is situated in shallow waters of the Taz bay. According to Rusgazdobycha, its development will therefore require two artificial drilling islands to be built, in addition to a third well cluster onshore.
Gazprom and Rusgazdobycha have determined an order for constructing and commissioning production and transportation facilities, and a procedure for selling the field's gas, they said. The pair have also worked to attract financing from Russian credit agencies.
The partners noted that drilling had already begun on a horizontal production well, due to be completed by the end of June. The active phase of construction and installation work will begin in the second half of 2020. First commercial gas is expected in 2022, by which point 17 wells will have been completed.
Rusgazalyans other two deposits – Parusovoye and North-Parusovoye – hold 100bn m3 of gas, according to Rusgazdobycha. An FID on their development will be taken at a later stage, the partners said. Gazprom and Rusgazdobycha are also working together to build an integrated gas processing and LNG production complex on the Baltic Sea.