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Jul 4, 2022 · Rosneft described the findings as proving “significant oil potential of the Timan-Pechora province on the shelf.” According to Russian media, Rosneft has a controlling interest in 28 offshore...
Jul 11, 2022 · Rosneft described the results as evidence of “significant oil potential in the Timan-Pechora province on the shelf.” According to Russian media, Rosneft owns a majority stake in 28 offshore licenses in the Russian Arctic, eight of which are located in the Pechora Sea.
The Timan-Pechora Basin is a sedimentary basin located between Timan Ridge and the Ural Mountains in northern Russia. The basin contains oil and gas fields.
Jun 1, 2011 · Practically all new field operators in the oil-rich Timan Pechora province intend to take use of Lukoil’s Varandey offshore terminal. That will boost oil shipping in the Barents Sea.
- Atle Staalesen
Jan 1, 2011 · The Timan–Pechora Basin Province represents the northeastern-most cratonic block of Eastern European Russia. More than 16 billion barrels of oil (BBO) and 40 trillion cubic feet of gas (TCFG) have been discovered in this basin.
- Christopher J. Schenk
- 2011
- 10.1144/M35.18
Jan 21, 2022 · The drilling of the well named Madachagskaya-2 reportedly proved the “existence of industrial resources of oil,” information obtained from Rosneft shows. Rosneft controls a total of 28 license areas in Arctic waters, among the Medynsko-Varandeysky area in the Pechora Sea.
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LUKOIL and Rosneft have been developing and exploiting the Timan-Pechora basin, where they began operations in 1998 and 2003 respectively (Energy outlook peace and Russia until 2040, 2013). Research Questions