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Field Infrastructure Development / Exploration and Development of Hydrocarbon Fields
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ZAO “Trans Nafta” Development department functions:
- The participation in auctions for the right to use resources for geological research, exploration and production of hydrocarbon materials
- The purchasing of shares (parts) in the licensed companies (secondary market assets)
- The purchasing of licenses for building and use of underground gas storages
- Technical and economical assessment of investments into oil and gas sector projects
- The control of compliance with the license agreements by branches and subsidiary companies of ZAO “Trans Nafta”
- The coordination of geological research and further registration of the hydrocarbon reserves on the government balance
- The selection of contracting organizations and holding of tenders for wells drilling, etc.
- Bringing the balance reserves of the Company in compliance with SPE/WPC standards
- The control of gas and gas-condensate fields development
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