Since 1995 the company has been developing gas condensate fields in Yamalo-Nenets Autonomous District (Tyumen Region) – the key gas producing region in Russia. The company holds gas production license for Terelsky field (Purovsky area of the Yamalo-Nenets Autonomous District).
The gas condensate fields developed by Oil Company «Mangazeya» are located in close proximity to the main transportation hubs, trunk pipelines and fields which are developed by the largest national and foreign oil and gas companies.
The Company has obtained specifications for connection of Terelskoye field pipelines to OJSC Gazprom’s gas transportation system, and Oil Company «Mangazeya» is currently developing required infrastructure.
After completion of infrastructure construction the Company’s maximum annual production will reach 3.7 bln. m3 of gas and over 133,000 tons of gas condensate by 2020.