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Sibneft New Vice President for Production 2/2/2006 | C H U
K O T K A .org |
Chukotka Articles from 2006 back |
Chukchi a huge, new, old find 2005 |
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Gold Mining 1993-2004
Coal Mining
anthracite Oil and gas in Chukotka 2006 Anadyrskiy the Rayon coal industry Bilibino richest deposits ore gold cuprum silver metals of platinum group The Chaunsky Rayon unified mining-industrial complex is being formed Shmidt Region Gold mining is the largest industrial sector by revenue Iul’tinskii Region is rich in tin tungsten and coal. PEVEK rusting away pier In recent years though many of the mines have been shown to be uneconomic and have closed, causing many residents to move to more central regions in Russia and for the port infrastructure to decay. |
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chaunskaya bay_Wrangelisland.jpg Pevek
(Russian: Певек) is a town and Arctic port in Chaunsky District, part
of the Chukotka Autonomous Okrug, Russia. After Anadyr and Bilibino it
is the third largest town in Chukotka. Population: 5,206 (2002
Census);[1] 12,915 (1989 Census).[5] The town is a modern settlement
established after the First World War to provide a port for the export
of minerals as part of the expanding Northern Sea Route.
During the 1940s and 1950s, Pevek was the site of several GULAGs where prisoners mined uranium. In recent years though many of the mines have been shown to be uneconomic and have closed, causing many residents to move to more central regions in Russia and for the port infrastructure to decay. |
Sibneft Begins Offshore Seismic in Chukotka’s Anadyr Bay 2005 |
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Chukotka Auton Regn Overview 10 1998 |
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exploration history | |
Abramovich Canada Visit Sibneft, managed by Roman Abramovich |
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The settlement was founded to house the miners and
administrative
workers from the Pyrkakay (Пыркакай, later renamed Krasnoarmeysky) tin
mine, but was determined to no longer be economically viable in
1998.[5] As of 2009, Krasnoarmeysky is included in the list of
settlements currently in
the process of being liquidated.[1] http://www.lngplants.com/krasnoarmeyskii.html
* 1basic - 11, * 2gravel - 72. The greater part of tin and tungsten deposits is concentrated in the Chukotka metallogenic zone. They are situated relatively close to each other in the north of the Okrug. The largest are basic reserves (Pyrkakayski Stockworks, Yioultin, Valkumei, Ekug, Svetloye, Lunnoye). The average percentage of tin in the ore is 0.23%. The largest deposit is Pyrkakayski stockworks. Location: Chaoun District, 86 km south-eastwards of the town of Pevek. Characteristics: stockwork group is constituted of 7 deposits with the Okrug’s largest reserves of ВС1С2 category, ore revertible. In-place reserves: 270.800 tons, or 82% of total Okrug’s reserves; В+С1 – 259. 8 thousand tons, С2 – 11.2 thousand tons. Average percentage of tin in the ore: 0.23% Exploration: open cutting is possible. Slump in tin prices and sharp contraction of domestic market that took place in 1990s resulted in stoppage of tin production at the Valkumei and Yioultin deposits, as well as at numerous tin placers. All such tin deposits have been transferred to state reserve. Platinum group metals Probable reserves of the platinum group metals in the Okrug are located in the Anadyr-Kiryak system, which is characteristic of gold, mercury, rarer copper, chromite and tin-and-silver mineralization, as well as of some placers of gold and platinoids. Advance geochemical search and prospecting works performed in recent years in the Mainitski-Khatyrski platinum-beating area brought new data on metallogenic potential and perspectives of the territory in finding basic deposits of gold, platinoids and chromites; a forecast estimation of these deposits has been provided. Based on recent information, promising metallogenic areas needing a more detailed analysis of their geologic-structural, geochemical and search characteristics have been singled out. These are Algan, Velikorechinsk, Mainits, Rytgyl, Alkatvaam, and Econai areas. In addition to this, probable reserves of platinum group metals in the Peschanka complex molybdenum-copper-porphyry formation deposit are estimated by the Р1 category as follows: Platinum - 16.2 tons, palladium - 125.5 tons, rhodium - 17.6 tons. Silver Pure silver deposits have not discovered, but still there are reasons to think that there are reserves with big concentrations of silver. Silver as a co-product is found in many proven gold and tin-silver deposits. Estimated on-site deposits amount to 1087 tons including: * 1В+Сi – 45.6 tons – 1041.4 tons, * 2C2 – 1041.4 tons. Probable silver reserves as estimated on 01.01.2003 are set in the amount of 8500 tons by the Р2 category. These are located in two metallogenic areas: * Verkhne-Yablonski area with gold and silver mineralization - 2300 tons, * Pettymel-Oleptitinsky area with silver and polymetallic mineralization - 6200 tons. The profitability of industrial exploration of silver-bearing deposits with on-site reserves is judged by economic value of basic minerals, gold and tin. Tungsten deposits The Government Statement of Balance includes 28 tungsten deposits on the territory of the Chukotka Autonomous Okrug, including: * gravel - 17, * basic - 11. On-site reserves are contained in gravel and basic deposits that by the ВС1С2 category total 63,700 tons, with average percentage of WO3 of 0.06%. Gravel deposits of the Yioultin District allow open cutting, and three of them have reserves for deep-mined output. Also, gold placers of the Lenotap River contain tungsten trioxide allowing for drag extraction. In 7 locations with open cutting in the Chaoun District tungsten trioxide is found as a co-product for tin. In 1992 tungsten production was quitted by the same reasons as production of tin. Copper Presently no copper extraction locations have been set in the Chukotka Autonomous Okrug. However as a co-product copper may very well be produced. The most promising in this respect is the Peschanka complex copper-porphyry deposit. Apart from copper, it is proved to contain considerate reserves of molybdenum, gold, silver and platinum group metals. Exploration work of search and estimation stage have been performed on the Peschanka deposit, mineralization was explored to 700 m depth. Results of this work served as base for estimating probable reserves of Pi category, these made up 1.350 billion tons of ore containing the following: * 8.3 million tons of copper (0.61% percentage), * 200,000 tons of molybdenum (0.015%), * 435 tons of gold (0.32 g/ton), * 5000 tons of silver (3.7 g/ton) and * 159 tons of platinum group metals (0.12 g/ton). In connection with steep rise of copper price (it now costs more than $7000 per ton) industrial value of this deposit is worth reconsidering. Additional copper reserves were found during assessment research of large territories, very promising from the point of view of copper-sulfur formation reserves. |
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Resource
estimation Explored resources
Resources
forecast Resource
expectations exceed the
explored resources by many times. As of 01.01.2005, the Ministry of
Industry
and Development of Russia approved resource forecast for lode gold in
26
locations showing positive geologic and economic parameter. |
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Sibneft New Vice President
for Production 2/2/2006 Sibneft named Reval Mukhametzyanov as the company's new vice president for production. Mukhametzyanov returns to the post, which he has held previously, after serving for over three years as vice president of Slavneft. Mukhametzyanov will oversee the exploration and production operations of Sibneft-Noyabrskneftegas and Slavneft. His long association with the company will allow him to quickly reinvigorate the development of Sibneft's production assets while maintaining the company's current strategy. Sibneft vice president Andrey Matevosov will continue in his post, focusing his efforts on the development of new exploration and production projects. He will supervise the company's Sibneft-Vostok, Sibneft-Khantos and Sibneft-Chukotka business units. "In previous years, Reval Mukhametzyanov's high level of professionalism helped Sibneft to achieve some impressive results," said Sibneft president Alexander Ryazanov. "His experience and insight will aid the company in achieving its plans for stabilizing production and ensuring long-term growth." Born in 1934, Reval Mukhametzyanov is a graduate of Kazan State University. In 1977, he became chief geologist of Nizhnevartovskneft and later headed the Nizhnevartovskneftegas unit in charge of the major Samotlor oilfield from 1982 through 1985. He worked for a decade as chief geologist and deputy general director of Noyabrskneftegas (now part of Sibneft) from 1985 until 1995 before joining Sidanco as executive director and senior vice president. From 1997 through 2002, Mukhametzyanov served as Sibneft's vice president for oil production. In 2002, he left to become senior vice president of Slavneft. |
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Chukchi well is a huge,
new, old find 2005 World Oil MARCH 2005 MMS apparently wants folks to get interested in the Chukchi Sea off the northwest coast of Alaska. Only about five wells have been drilled there, and one of them, the Burger discovery, was just reappraised by MMS. The new verdict is that Burger may be the largest hydrocarbon find on Alaska’s OCS. The well was drilled during the Chukchi exploration program, headed by Shell between 1989 and 1991. At the time, nobody was searching for gas, so not much attention was paid to the discovery. The new re-appraisal has lifted the most-likely recoverable reserves from an original estimate of 5 Tcf of gas to a new estimate of 14 Tcf. The estimate indicates a possible range from 8 to 27 Tcf. Estimates for condensate' range from 371 million to 1.4 billion bbl with 724 million bbl the most likely The Burger structure is a 25-mi diameter dome, sitting on a structural ridge that branches southwest across the center of the Chukchi shelf, from a point on the Barrow Arch about 50 miles northwest of Barrow. The Chukchi sandstone forms an exact analogy to similar rift-sequence sandstones that form the reservoirs at the Kuparuk River field in the central North Slope. |
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Sibneft Begins
Offshore Seismic Work in Chukotka’s Anadyr Bay Moscow, July 19, 2005 Sibneft has begun carrying out geophysical exploration work on the Tumanskiy license block, located in the Anadyr Bay section of the Bearing Sea. The company plans to collect 3000 kilometers of seismic data at the site. The data will shed light on the geology of subsurface structures previously determined to be promising, thereby helping to design a program of exploration drilling on the field for 2006. Sibneft-Chukotka received a five-year geological exploration license for the Tumanskiy block in November 2003. The block covers about 13,000 square kilometers in water that is 25 to 60 meters in depth. There are five localized structures within the license area, with total geological resources estimated to exceed 1 billion tons of oil equivalent. Geological work likewise continues at other Sibneft license sites in the Chukotka region. At the Telekaiskoye oil and gas condensate field, testing is underway on a well that, in 2004, produced industrial flows of oil. Sibneft has also built geological models of the offshore portion of the Anadyr oil & gas basin based on drilling and seismic work carried out in the region, identifying several more promising structures. |
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Sibneft
now Russia's fifth largest oil company 04-03-02 http://www.gasandoil.com Vremya Novostei via NewsBase The oil company Sibneft became the fifth largest company in Russia in terms of production in February, leaving behind Tatneft. By the end of the year, the company will boost output by 26 % to 20.7 mm tons, compared with last year, and double output by 2005. Company leadership notes that the company may invest annually the required $ 1 bn if the world oil price is not below $ 16.5 per barrel. As output grows, Sibneft management will
increase the
credit portfolio, which currently stands at $ 840 mm. This summer, Sibneft intends to borrow $ 200-300 mm for capital investment. In addition, the company will solicit another credit to take part in the privatisation of a 19.68 % stake in Slavneft by the end of the year. This year, Sibneft's main investment will be committed to the Sugmut deposit in the Yamal-Nenets area, the Priobskoye and Palyanovskoye deposits in the Khanty-Mansi area. In addition, around $ 100 mm will be invested in the Sibneft-Yugra joint venture between Sibneft and Sibir Energy, which develops the Yugorskoye deposit. Last year, the company extracted 80,000 tons of oil at the deposit and aims to produce 500,000 tons in 2002. |