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A New Unique Field of the Rosneft-bp Joint Venture in Taymyr is Named after Hero of the Russian Federation E.N. Zinichev

15 November 2021

The State Reserve Commission (GKZ) confirmed the discovery of a new gas condensate field in the Taymyr Peninsula.

The field with 384 billion cubic meters of gas reserves was discovered by exploration well No.1 drilled at the Verkhnekubinskoye subsoil area, the license for which is held by Ermak Neftegaz LLC, a joint venture of Rosneft and bp, which was established in 2016.

According to the current reserves classification, the onshore field falls into the category of unique ones.

The discovered field is the largest in terms of gas reserves in the region, and has high productivity indicators. Commercial gas reserves were identified in five reservoirs of the Lower Cretaceous Sukhodudinskaya Formation.

The results of exploration and appraisal work carried out in the vicinity of the Payakhskoye field, part of the Vostok Oil Project implemented by Rosneft, confirm the significant oil and gas potential of this area.

In memory of a prominent Russian statesman, the new field was named after Hero of the Russian Federation Yevgeny Nikolaevich Zinichev.

Information and Advertising Department
Rosneft
November 15, 2021

These materials contain statements regarding future events and expectations that are forward-looking estimates. Any statement in these materials that is not historical information is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by these forward-looking statements. We assume no obligation to adjust the data contained herein to reflect actual results, changes in underlying assumptions or factors affecting the forward-looking statements.