Urengoyskoye field (Arcticgas)

The exploration and production license for the Urengoyskoye field is owned by OAO Arcticgas, a wholly owned subsidiary of SeverEnergia, in which we have a 53.3% economic interest. The first phase of the Urengoyskoye field development was launched in April 2014, and the second phase followed in December 2014. Overall production capacity of the two phases is approximately 13 bcm of natural gas and 4.7 mmt of de-ethanized gas condensate per annum. Production drilling targets the Achimov deposits which are relatively deep (approximately 3,700 m) and are characterized by an ultra-high content of gas condensate in the hydrocarbon flow.