Saratov. The Ministry of Natural Resources, RF has extended the license of OAO Saratovneftegaz for oil and gas production at Aleksandrovskoye gas and oil field in Saratov region until December 31, 2038.
175 m2 3D seismic has been already performed. The licensing authority made the resolution on Monday. The license had been issued in March 1998 and its expiry date is December 2013. NK RussNeft subsidiary OAO Saratovneftegas is the major oil and gas producing company in Saratov region. The company develops 43 fields on the territory of 14 districts of Saratov region as well as in Staropoltavsky district in Volgograd region.