Four production wells have been completed at the field, of which three wells are already producing natural gas.
The Urengoyskoye field has proved natural gas reserves of 21 bcm, as estimated under SEC reserves methodology at 31 December 2012.
The company’s upstream activities are concentrated in the prolific Yamal-Nenets Autonomous region, which is the world’s largest natural gas producing area and accounts for approximately 90% of Russia’s natural gas production and approximately 17% of the world’s gas production.
Founded in 1994, the company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons.
