Gazprom announced it has discovered a new field in the Sea of Okhotsk during geological exploration of the Kirinsky prospect.
The wold’s largest natural gas exporter was drilling a prospecting and appraisal well in the Yuzhno-Lunskaya structure within the Sakhalin III project.
“As a result, a substantia gas and condensate inflow was reported, signalling the discovery of a new field,” the company informed in a statement.
Gazprom Finds Gas in Offshore Okhotsk Field
After testing and analysing the geological information of the well, Gazprom will be able to submit the reserves estimates for the new field to the Federal Subsurface Use Agency, the company explained.
This is a required step in Russia for their approval and inclusion into the State Register of Mineral Reserves of the Russian Federation.
Gazprom’s Sakhalin III Offshore Development
The discovery is part of the Sakhalin III project, where Gazprom is engaged in the exploration of three licensed blocks: Kirinsky, Ayanshky and Vostochno-Odoptinsky.
Within the Kirinsky block, the gas major also discovered the Yuzhno-Kirinskoye and Mynginskoye fields.
The Yuzhno-Kirinskoye gas and condensate field, discovered in 2010, is part of the Sea of Okhotsk area that had been sanctioned by the United States in 2015.
The field is located 21.74 miles to the northeast offshore the Sakhalin Island and 3.72 miles to the southeast of the Kirinskoye field at sea depths ranging from 360 to 1,049 feet.
Gazprom Starts Production at Northernmost Field
In the meantime, the company announced on Wednesday the launch of the Vostochno-Messoyakhskoye, Gazprom’s northernmost oil field.
The project located in the Gydan Peninsula, includes 51 oil development wells and a 60.89 mile pipeline connecting the field to the Arctic Circle.
Additionally, the field is expected to reach peak production in 2020 with 5.6 million tonnes of oil.
“The exploration of the Russian Arctic holds strategic importance for Gazprom. (…)The new Arctic project will be a key part of Russia’s powerful oil and gas complex in the circumpolar North,” the Deputy Chairman of Gazprom, Alexey Miller, said.