Srednebotuobinskoye field was discovered (Mirny District)
December 18, 2003 RNG was incorporated
In December 2009, RNG became the winning bidder at the public auction held by the Russian Ministry of Natural Resources and Environment and was awarded the subsoil use license for the Eastern Blocks of the Srednebotuobinskoye oil and gas condensate field authorising the exploration and production of hydrocarbons in the Republic of Sakha (Yakutia).
In February 2010, the Company obtained a license authorising subsoil use within the EBs of Srednebotuobinskoye OGCF.
RN KrasnoyarskNIPIneft LLC developed a Field Exploration Program for 2011 through 2015 to be implemented within the license area.
In 2010-2011, the Company conducted 2D seismic surveys over 400 linear kilometers as part of its license commitment.
In the 2011/2012 winter field season the Company conducted 3D seismic surveys over 250 square kilometers of the license area (covering nearly the entire license area);
The Supplementary Exploration Project for the Eastern Blocks of Srednebotuobinskoye OGCF was developed and approved;
Well Group Design for the construction of 2 exploration wells (501 & 502) was developed and approved.
Petroleum Engineers Company prepared a Trial Production Project for the field. The project was approved by the Federal Agency for Subsoil Use (Rosnedra) and Russia’s Central Commission for Oil&Gas Fields Development.
The Company has been actively recruiting personnel;
Leading international contractors such as Halliburton and Weatherford were used in the drilling and testing of exploration wells;
Field site development started.
Field construction activities commenced according to the Trial Production Project (TPP), which will create the basis for future field construction during test production, e.g. construction of roads, warehouses, power transmission lines, housing and workshops, procurement of equipment and machines required for field development.
Field Exploration Program completed, reserves estimated.
Production drilling at Well Pad 1 is in progress. Comprehensive field facilities construction activities including oil gathering, processing, and transportation facilities installation.