Novotrudovoy site in the Orenburg region, put up for auction, is preliminary estimated at 79 million rubles

The Subsurface Management Department in the Orenburg region (Orenburgnedra) announced open auction for the Novotrudovoy site. The auction is held for geological survey, exploration and production of hydrocarbons.

The Novotrudovoy site is located in the Pervomaisk district of the Orenburg region, 20 km to the south-west from the Pervomaysky village. The area of the site is 188.8 square km. As of January the 1st of 2012, its prognostic reserves of the C3 category (recoverable) at the West-Talovaya, Trudovaya and Novotrudovaya structures made up: 8.098 million tons of oil, 14.603 billion cubic meters of natural gas and 2.549 million tons of gas condensate.