Krasnodarneftegeofizika (a subsidiary of the state-owned holding RosGeo) began the operations at Kabakovo licensed area in the Republic of Bashkortostan. Here, the company conducts 2D CPDM seismic surveys in accordance with the agreement signed with the mining company Bashneft by results of the tender procedure.

The scope of the project will be 680 linear km. The geologists will clarify the in-depth structure of the eastern section of Belsk-Kama aulacogene and Kabakovo local elevation in the Rifei potentially gaseous sediments. They should also clarify and detail the Paleozoic system of deposits including the geological structure of the intraformational Ingrain-Usolsky deflection. Krasnodarneftegeofizika plans to complete the works at the site in the first quarter of 2020.

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RosGeo is a Russian multi-disciplinary geological holding that carries out a full range of services related to geological exploration: from regional surveys to parametric drilling and monitoring of subsoil conditions. The holding company boasts a unique expertise, particularly in marine geology and shelf operations.

RosGeo was established following the Decree of the President of the Russian Federation of July 15, 2011, No. 957 on the basis of Tsentrgeologiya, an oldest Russian geological enterprise. Rosgeo is a fully state-owned company.

The enterprises within the Holding company operate in all eight Federal Districts of Russia. A total of more than 1000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields.

Krasnodarneftegeofizika is one of the largest exploration companies of the south of Russia. It was founded in 1949, but the oldest divisions of the company had been operating since 1932. The geologists of the company discovered gas-bearing structures in Yeysk-Berezan district, Morozovo, South Morozovo, Ternovatoye, Pribrezhnoye, Peschanoye and other fields, made their contribution to the development of the mineral resource base iin Kuban, Stavropol and Kalmykia, Rostov and Volgograd regions, Crimea, Belarus, Kazakhstan. The company is specialized in geological, geophysical and engineering surveys, including seismic explorations, prospecting and exploration of oil and gas fields, blasting-perforation operations, seismic exploration data processing, 2D, 3D CDPM.