Saratov. Federal Agency for Subsoil Usage prolonged the period of validity of the licenses of OAO Saratovnneftegas (RTS: SNFG) for the right of usage of Teplovskoye, Ilovlinskoye, Guselkskoye hydrocarbon fields in the Saratov region, says the company’s report.
In particular, Federal Agency for Subsoil Usage prolonged the period of validity of Saratovneftegas license for the right of subsoil usage with the aim of detailed appraisal and production of oil, gas, condensate and associated components within the limits of Teplovsky subsoil area (Saratov region). The license issued by the RF Ministry of Natural Resources in 2004 has been prolonged up to June 8, 2039, says the report.
The license for subsoil usage for oil and gas production at Ilovlinskoye oilfield, Krasnoarmeisky district of the Saratov region, issued by the RF Ministry of Natural Resources in 1998 has been prolonged up to December 31 of 2033.
Besides, the period of validity of the license for subsoil use with the aim of oil and gas production at Guselskoye oilfield, Volzhsky district of the Saratov region, issued by the RF Ministry of Natural Resources in 1998 has been prolonged up to December 31 of 2031.
At the same time Federal Agency for Subsoil Usage has early terminated the validity of Saratovneftegas license for oil and gas production at Griaznushkinskoye oil and gas field (Saratov region). The license was issued for the period up to Septmber 1, 2014.
