Ukraine opens deep water bid round

Ukraine has launched a new Petroleum Exploration Bid Round for two extensive deepwater tracts. The 16,700 sq km Skifska block and the 13,600 sq km Foroska block are located off the Crimean peninsula.

According to official news sources, bids should be submitted by 2 August this year. Operators with deepwater experience may be expected to apply, and Work programs of over $300 million will likely be proposed.

Lynx has prepared a shape-file showing the two new blocks, and the other existing two deep water blocks (Prykerchenska – operated by Vanco Prykerchenska Ltd, under renegotiation with government, and Tavriska – status unknown, possibly open) which may be downloaded below .

Prospects in the Prykerchenska block are described thus: “In the northern shallower part, the area contains a prominent Tertiary fold belt with numerous prospective structures that are on trend with the Subbotina  discovery. The deeper (>2000m) southern part of the block contains large structural closures including the Tetyaev High.”

The Subbotina oil and gas discovery well (Chornomornaftogaz, 2006) was drilled on the Kerch Shelf to a TD of 4,300m and tested oil in 4  zones and gas in another (all Oligocene-Lower Miocene).

Lynx commercialises a 3-part Ukraine “GIS Exploration Adviser”, with a wealth of data covering the Black Sea, the Dnieper Donets and the Carpathians: http://www.lynxinfo.co.uk/gis-ukraine.html. The product is designed to assist new ventures geologists looking at opportunities in these different petroliferous regions.

For details of other extensive Ukranian data-sets that Lynx holds, please contact lynx@lynxinfo.co.uk

Download the block boundaries for open blocks as an ESRI shapefile – please enter your details before clicking on the link.

Note: these block boundaries are not definitive, and are intended only as a guide. The blocks have been digitised by Lynx, and may differ in places from those defined by the governing body.