2nd Ukraine Licensing Round

Ukraine oil and gas licence bid rounds are coming thick and fast! Hard on the heels of the 6th Dec 2018 announcement of an auction for 10 licences, Ukraine’s State Geological Service announced its intention to put 10 Production Sharing Agreements (PSAs) under the hammer, with the auction date to be announced in mid-February to March. Soon afterwards, on February 2nd 2019, the acting head of the SGS Oleh Kyryluk declared in London that a second tranche of 7 blocks was to be put up for grabs in an online auction of licences, to be held around 2nd May.

Of the offers in Licence rounds 1 and 2, three are in the Carpathian region of West Ukraine, one in the Odessa area bordering Romania and the remaining thirteen in the prolific Dnieper Donetsk depression. Although the PSA round has yet to begin, the PSA block polygons have been published and cover large tracts in the DDD, with more modest areas in West Ukraine.

Lynx has a large and growing library of exploration data from Ukraine, covering the areas of most of these blocks. Our Dnieper Donetsk and Carpathian GIS products contain a wealth of data on fields, reservoirs, geology, wells and prospects and have recently been updated to include data from the latest discoveries and materials released by the SGS since the “opening up” of Ukraine’s subsurface data by an act of parliament last year. For specific areas or requirements, Lynx can build bespoke GIS based projects using data from our own extensive library, including georeferenced and digitized map layers, document translation from Russian and Ukrainian, seismic processing and interpretation together with researching data from the SGS archives.

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