Assessment of Resources

Prospective places in the interior of the Earth
On the territory of Chukotka Autonomous Okrug prospective places of the interior of the Earth cover 48.1 thousand kilometres (7% of the area of the Okrug). On the neighbouring shelves of Beringov and Chukotka seas they cover the territory of 124 thousand km. Within Chukotka Autonomous Okrug and the shelves of the sea washing the Okrug, the following prospective oil and gas basins have been found:

Anadyr basin
East Hatyr basin
South Chukotka basin
North Chukotka basin
East Siberian basin.

Mainland resources

It is estimated that the total of 740/471 million tons in oil equivalent (740 million- geological resources, 471 million – extracted resources) is found in Chukotka. That includes:

315/91 mln tons of oil
352 bln. mі of free gas.

Dominating regions are Anadyr (450/286 million tons in oil equivalent) and Hatyr (157/91 million tons in oil equivalent) oilfields, containing 61% and 21% of all the resources of the mainland respectively.

Water area resources
One of the most important areas is a 12-mile-long zone of territorial waters, which is under the jurisdiction of the Chukotka Autonomous Okrug. Its total area in Chukotka and Bering seas is 31,000 kilometres. Its geological resources are estimated to be 470 mln tons in oil equivalent.

Forecast
Expected resources of oil and gas shelf fields are 10 billion tons of conventional fuel.

Anadyr

9:46 -14°C

COMMENTS

The program of economic development in Chukotka can be carried out, considers vice-premier of government CHAO M. Sobolev.

First of all, the long-term program leans on resources of peninsula. Let’s begin that geological resources of Chukotka are explored today on 10 %-17 %. The next regions are explored much better. And even on these, tentative estimations resources here can be found. The proved resources of gas on the Priosernoe deposit - 7,3 billion cubic meters. Oil resources are estimated approximately in 10 million tons, the proved stocks make 4 million tons of them. They are dispersed on small Fields, such, as Hatirskoe, where extraction is conducted by "Sibneft" company. But it is not necessary to dismiss a shelf – it’s insufficiently studied yet, but there are data, that it’s resources can make up to 14 billion tons of conditional fuel. Exxon Mobile Company in similar ice conditions, in Baffin bay has constructed 7 platforms. What prevents to construct them here?
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Reindeer breeding can be profitable: E. Marochkin acting on the head of agriculture and foodstuffs department makes comments.

There was a moratorium on an industrial slaughter of deers in district till 2006. But now it is removed, farms have allocated a contingent for commodity slaughter this year. It is planned to hand over in a trading network about 9 thousand deers this year. Within the limits of national project the agrarian and industrial complex have got slaughter area on terms of financial leasing which is assembled in Kanchalan. Basically its value is in that correctly cut production will receive a trade look and will answer all established norms. The livestock of deers for September, 1st - from above 183 thousand. It’s below the level of 1990 (490 thousand heads), nevertheless, in Chukotka a livestock grows on faster rates, than on Yamal, and it’s our main competitor. Potential market - not only Vladivostok, but also Japan, Korea, China. Reindeer breeding is, at least, preservation of a traditional way of life of native people and food safety of region and when sales volumes become great enough, branch can turn in profitable.
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