OUR PROJECT - SNG LLC in Russia (exploration and production of crude oil)
We invite investors in our project!!!
We have a license for the prospecting and exploration of crude oil. License period: 20.02.2014 - 20.02.2019 year (possibility of prolongation). Area of the license: 30 sq. km. The works of preliminary seismic work; geochemistry, then electric exploration, plus data processing of electric exploration, by patented method: through the software of complex of Electromagnetic Inversion: RALF-1 were performed in the license area in 2006-2007-2015.
As a result of these works, a forecasted hydrocarbon deposit of an area of 12 square kilometers (3x4 km) was found. The height of the reservoir is 400 meters; the reservoir is located in the cavernous granite-gneiss crystalline basement rocks (Paleozoic); depth range: 2800-3200 m.
The forecasted crude oil deposit is located in a tectonic fault (Valeryanovskaya Suture); in the cavernous granitegneiss basement rocks; in the same or similar geological conditions, as the White Tiger Field in Vietnam (discovered in 1988 by Soviet geologists in the sea, in the basement rocks).
Experts of or company suggest the recoverable reserves can be approximately 43.2 million tonnes of crude oil; forecasted production rate of wells from 100 tonnes per day and higher.
Investments are needed in the first and second stage of the project, a total of 25 + 180 million Euro. Industrial production of crude oil can be started within 3 years from the beginning of investment. The license for the commercial production is issued for 20 years.