IE at a Glance
Imperial Energy operates in Tomsk region of Western Siberia, Russian Federation. Western Siberia is the most prolific oil-producing region in Russia with some of the world largest oil fields. Oil production from West Siberia currently accounts for 71% of Russia’s total.
Tomsk region is the second largest oil-producing province in Western Siberia with daily production about 300,000 bopd for the last few years. Many major players operate in Tomsk region, including Gazprom Neft, Tomskneft (a subsidiary of Rosneft), TNK-BP, Surgutneftegaz and others.
Imperial Energy is currently exploring and producing hydrocarbons through two subsidiaries (Nord Imperial LLC and Allianceneftegaz LLC) located in Tomsk.
Imperial Energy’s interests comprise 14 blocks (77, 69, 80, 70-1, 70-1С, 70-2, 70-3, 70-3SM, 70-3M, 85-1, 85-1Т, 85-2, 86, 86-В). All license interests are 100% owned by Imperial. The total licensed area of Imperial Energy in Tomsk region for all blocks is approximately 13,418.15 square kilometers, and it has the 2nd largest acreage position after Tomskneft.
Imperial Energy has its own infrastructure, which includes pipeline network (366 km in length in aggregate), oil treatment facilities (at Snezhnoye, Maiskoye and Kiev Eganskoye fields) and custody transfer facilities at Luginetskoye and Zavyalovo flowing oil directly to the Transneft pipeline system.
1. LLC "Nord Imperial"
Nord Imperial LLC holds 3 exploration and production licenses for geological study, exploration and production of hydrocarbons on 3 separate blocks (69, 77 and 80), which cover some 7,500 square kilometers. Since 2007 Nord Imperial LLC has been producing oil from two of the fields located on these blocks:
- Kiev-Eganskoye oil field is located within block 80 to the north from the Ob River in the northern part of the Tomsk region and next to the most oil prolific Russian region – Khanty-Mansi Autonomous Area. The field has an oil treatment facility with a 152 km oil pipeline to Zavyalovo custody transfer facility;
- Snezhnoye and Dvoinoye fields are located within block 77, to the south from the Ob River. Snezhoye oil field has an oil treatment facility and is connected by a 49 km oil pipeline from Snezhnoye oil field with Zavyalovo custody transfer facility;
- Festivalnoye, Central-Festivalnoye and North Festivalnoye fields are located within block 69. Festivalnoye has its own oil treatment facility available. The oil pipeline runs from Festivalnoye through North Festivalnoye to Zavyalovo custody transfer facility.
2. LLC "Allianceneftegaz"
- Allianceneftegaz owns 6 licenses for geological study for the purpose of exploration and assessment of hydrocarbons deposits and 5 exploration and production licenses.
- Allianceneftegaz blocks are located directly between producing Rosneft and Gazpromneft oil fields being similar in structure. Total square of the blocks makes 5,929 square kilometers.
- Maiskoye oil field is located within block 70-3M. More than 80% of Imperial Energy’s current production comes from Maiskoye field, which was Imperial Energy’s first discovery (2005) in the Tomsk region. Maiskoye has its own oil treatment facility available and a 159 km oil pipeline from Maiskoye oil field to Festivalnoye oil treatment facility within block 69 through the South Festivalnoye oil field within block 85.
3. Oil service subsidiaries: LLC "Rus Imperial Group" and LLC "Imperial Frac Services"
- Imperial Energy has 100% owned drilling subsidiary Rus Imperial Group (RIG). RIG operates 3 heavy duty drilling rigs, 3 workover rigs and a coil tubing unit. Imperial Energy also owns 50% of Imperial Frac Service (IFS), which provides hydraulic fracture services.
4. Summary of Group reserves and resources
In 2005, Imperial had 228 mmbo of 2P (proven plus probable) reserves. Active investments of Imperial Energy to geology exploration helped to rapidly increase company’s oil reserves and join a list of 10 major companies under SPE system, among those, which operate in Russia.
- According to independent audit by DeGolyer&MacNaughton, as of December 31, 2008, 2P reserves have reached 946 mmboe (including 866 mmbo and 60 mmboe of gas).
- As on January 1st, 2012, C1 and C2 reserves registered in GKZ are 556 mmboe. Imperial Energy continues to work together with GKZ increasing Russia's registered resources.