EXPLORATION
TECHNOLOGIES &SERVICE SECTOR DEVELOPMENT
LLC Krasnodarnefttegaz is the leader of innovative changes in Russian oil and gas industry. The goal of the Company is to create an advanced oil business of new type, that would allow fulfilling strategic needs of the Company and provide the best financial aviability.
Offshore fields development
LLC Krasnodarnefttegaz possesses large hydrocarbon resources on the Russian continental shelf, with natural gas accounting for a considerable part of it. LLC Krasnodarnefttegaz's Russian offshore gas resources are about 24 tcm. Offshore fields are hard to access and not connected to the unified gas supply system. Therefore, liquefaction and export sales remain the most efficient monetization method available for these natural gas resources.
Exploration and production
The strategic goal of LLC Krasnodarnefttegaz in the area of onshore exploration and production is to maintain production and to use the existing fields with maximum efficiency, to rationally implement new projects for ensuring a stable production profile and maximum HC recovery factor, as well as to develop economically feasible unconventional and complex reservoirs.The company plans to effectively transfer its resources into reserves and to subsequently develop them in order to maintain production in the traditional areas of activity, as well as to create new clusters of oil and gas production on the basis of Vankor and eastern Siberia fields.