Russia Confirms Interest in Pechora Sea

Russia’s Rosneft completed its 2015 geological exploration program at offshore licenses, explaining that the 3D seismic acquisition covered 2,710 sq km in waters of the Pechora Sea and the Sea of Okhotsk.

‘This year Rosneft has constructed two development wells in the Sea of Okhotsk and completed geological engineering surveys in the Pechora Sea (at the Yuzhno-Russky license area). Furthermore, joint ventures of Rosneft and Statoil, carried out geological engineering surveys at two licenses in the Sea of Okhotsk (Magadan-1 and Lisyansky) in support of the 2016 exploration drilling program’ the Russian company wrote on Tuesday.

Doing so, Rosneft confirms its interest in hydrocarbon exploration in the shelf of the Barents Sea and north Kara Sea. The company led by Igor Sechin did indeed arrange a field geological expedition to study sedimentary complexes at the Novaya Zemlya and Frantz Josef Land Archipelagos.

Rosneft also carried out seismic surveys using 2D method on ’20,434 line km in waters of the Kara Sea, the Chukchi Sea, and the Laptev Sea.’