30/09/2013

Rosgeologia Terminates Prospecting for Thermal Groundwater at Palana

Rosgeologia Terminates Prospecting for Thermal Groundwater at Palana

30/09/2013

The specialists at Kamchatgeologia, which comprises a part of Rosgeologia, has terminated prospecting for thermal groundwater required to supply heating to the Palana village in Koryakia ahead of schedule. Works aimed at finding thermal groundwater resources were performed 3.5 km from the Palana village. The project was financed from the federal budget of the Russian Federation.

According to Pyotr Bulany, Managing Director of Kamchatgeologia, the preparation work was commenced last year. Late July this year, drilling of an exploration well to a depth of 1.5 thousand metre was started. The operations were expected to be completed in the end of this year. However, exploration had to be terminated ahead of schedule.

“The temperature at a depth was 56 degrees, but, unfortunately, there was no water. The well appeared to be dry,” said Pyotr Bulany. “The expectations of the geologists and residents of Palana for switching to thermal water heating in the district centre have not been met. There are geophysical anomalies at that location, but they do not pertain to groundwater sources.”

As explained by Pyotr Bulany, a modern drilling rig was delivered to Palana to implement that work. Approximately 40 specialists were involved in work at the site. The operations were completed without any accidents or failures and were supported by the local government.

Reference

Kamchatgeologia comprises a part of Rosgeologia, the Russian geological holding company that consolidates public exploration enterprises of various profiles. Kamchatgeologia is the major exploration company in the Kamchtka Region. The enterprise participates in public procurements and provides a wide range of exploration services.

Kamchatgeologia was established in 1951 as the Kamchatka Geological Survey Expedition. Systematic exploration of Kamchatka performed by the enterprise served as a basis to increment mineral reserves and resources of the region. All major deposits located across the peninsula were discovered by the Kamchatgeologia specialists.

Rosgeologia is a Russian geological holding company which specializes in a number of fields, and offers a full range of exploration services, ranging from regional surveys to parametric drilling and subsoil monitoring. The holding company boasts unique expertise, particularly in marine geology and shelf operations.

Rosgeologia was established by Decree 957 of the President of the Russian Federation dated 15 July 2011, and grew from Tsentrgeologiya – one of the oldest exploration companies in Russia.

It is a 100% state-owned company.

The enterprises comprising the holding company operate in all eight federal districts of Russia. Rosgeologia is made up of 37 enterprises located in 30 regions across the country. A total of more than 1,000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields such as the Astrakhan field (2.5 trillion cubic metres of natural gas), the Tengiz field (3.1 billion tonnes of oil), the Kovykta field (1.9 trillion cubic metres of natural gas), the Sukhoi Log deposit (1,970 tonnes of gold and 1,541 tonnes of silver), the Kursk Magnetic Anomaly, and many others.

The Rosgeologia’s enterprises have rich experience in implementing projects abroad and boast dozens new fields and deposits discovered in Asia, Europe, Africa, and Latin America.

Rosgeologia customers include such companies as Lukoil, Severstal, Norilsk Nickel, Itera, NLMK, Sibuglemet, BP, Chevron, and many others.