The volume of investments in geological exploration (GRR) for oil and gas in Russia amounted to 320 billion rubles, and in 2025 this amount is projected to remain the same.
In 2024, Russian subsoil users made significant investments in the development of the oil and gas industry. According to the Russian Ministry of Natural Resources, the volume of investments in geological exploration has reached 320 billion rubles. At the same time, federal budget expenditures for these purposes amounted to 11.39 billion rubles, and in 2025 it is planned to reduce them to 11 billion rubles.
At the end of the year, the increase in recoverable reserves of oil and condensate amounted to 529 million tons, and natural gas – 708 billion cubic meters. According to statements by Russian Deputy Prime Minister Alexander Novak, total oil production in 2024 reached 516 million tons, and gas production – 685 billion cubic meters.
During the reporting period, 39 new hydrocarbon fields were discovered in Russia. Their total increase is estimated at 58.3 million tons of oil, 295.5 billion cubic meters of gas and 40.4 million tons of condensate. Among the largest discoveries are the Ilginskoye gas condensate field in the Irkutsk region, Mitikyakhskoye in the Yamal-Nenets Autonomous Okrug, Severo-Baikalovskoye in the Krasnoyarsk Territory, Nelyatskoye in Yakutia and the field named after N.V. Myshevsky in the Irkutsk region.
Industry experts note the stability of investments in geological exploration, which contributes to the development of the oil and gas sector and strengthening the country’s resource base. In the context of global changes in the energy market, maintaining private investment plays a key role in ensuring Russia’s energy security.
Source: nedradv.ru
