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Statoil intends to continue work on the site “Magadan — 1” - Vladimir Pecheny
The imposition of sanctions by foreign states did not affect the joint project for the development of the Magadan-1 section, said Vladimir Pechenyi, Governor of the Magadan Region. The project is being implemented by Rosneft jointly with the Norwegian Statoil. According to the press service of the regional administration, the head of the region met with representatives of OOO Magadanmorneftegaz, which conducts geological surveys at the site.
"All participants in the process, including the management of Statoil ASA, are set to organize the first drilling of a prospecting well in 2016," said Vladimir Pecheny. According to him, public hearings in the Kolyma settlement of Ola are almost completed.
Work is under way to prepare the infrastructure for the organization of the first drilling. Logistic operation implies close cooperation with the Magadan Sea Trade Port. Total resources of Magadan sites are estimated at 1,4 billion tons of oil and condensate and 1,76 trillion cubic meters. m of gas.