Trebs and Titov oil fields | |
---|---|
Location of Trebs and Titov oil fields | |
Country | Russia |
Region | Nenets Autonomous Okrug |
Offshore/onshore | onshore |
Coordinates | 68°39′11″N 57°49′40″E / 68.65306°N 57.82778°E |
Operator | Bashneft |
Partners |
Bashneft (74.9%) Lukoil (25.1%) |
Production | |
Recoverable oil (million tonnes) | 210.9 |
Trebs and Titov oil fields is a complex of Arctic oil fields in the Timan-Pechora Basin in Nenets Autonomous Okrug, Russia.
Oil fields have around 1.1 billion barrels (170×10 6 m3) of estimated oil reserves. [1] Recoverable reserves are 78.1 million tons in the Trebs field and 132.8 million tons in the Titov field. [2] [3] In 2006, the Trebs and Titov fields were designated as "strategic fields". [4]
The license for development of these fields was auctioned in 2010. Although initial interest was shown by Lukoil, TNK-BP, Gazprom Neft, Surgutneftegaz, Bashneft, and ONGC, the final bid was made only by Bashneft. [5] The licence was issued to Bashneft on 2 December 2010. [6]
On 15 April 2011, Lukoil agreed to acquire 25.1% stake in the project. [7]
Trebs and Titov oil fields | |
---|---|
Location of Trebs and Titov oil fields | |
Country | Russia |
Region | Nenets Autonomous Okrug |
Offshore/onshore | onshore |
Coordinates | 68°39′11″N 57°49′40″E / 68.65306°N 57.82778°E |
Operator | Bashneft |
Partners |
Bashneft (74.9%) Lukoil (25.1%) |
Production | |
Recoverable oil (million tonnes) | 210.9 |
Trebs and Titov oil fields is a complex of Arctic oil fields in the Timan-Pechora Basin in Nenets Autonomous Okrug, Russia.
Oil fields have around 1.1 billion barrels (170×10 6 m3) of estimated oil reserves. [1] Recoverable reserves are 78.1 million tons in the Trebs field and 132.8 million tons in the Titov field. [2] [3] In 2006, the Trebs and Titov fields were designated as "strategic fields". [4]
The license for development of these fields was auctioned in 2010. Although initial interest was shown by Lukoil, TNK-BP, Gazprom Neft, Surgutneftegaz, Bashneft, and ONGC, the final bid was made only by Bashneft. [5] The licence was issued to Bashneft on 2 December 2010. [6]
On 15 April 2011, Lukoil agreed to acquire 25.1% stake in the project. [7]