Regarding the possibility for scientific polygons to enter into product sharing agreements

To determine the prospects for gas potential, scientific testing grounds, science parks are being created, which receive special permits for the use of subsoil.

The granting of a special permit for the use of subsoil, the extension of its validity, and amendments to the special permit for the use of subsoil are carried out in accordance with the agreement on the terms of use of subsoil (Part 2 of Article 16 of the Code of Ukraine on Subsoil No. 132/94-VR dated July 27, 1994).

Under the terms of this Agreement, the spatial boundaries of the subsoil area, as well as the degree of geological study and development of the subsoil user's object, are indicated in the characteristics of the subsoil area, which is Appendix No. 1 and an integral part of the Agreement (clause 2.2 of the Standard Form of the Agreement on the Terms of Subsoil Use).

In turn, scientific testing grounds are created to conduct research for the purpose of geological study and changes in the geological environment over time and the impact of the existence of open-pit mining on the preservation of hydrocarbon deposits, studying the possibility and feasibility of developing residual local deposits confined to previously explored trap structures.

Having conducted a comparative scientific analysis and compared geological and geophysical data obtained during the research process, scientific polygons focus their attention on the migration of fluids in time and space, as well as the dynamics of reservoir systems, the operation of which has been influenced by existing mining operations for a long time.

The results of scientific research conducted by scientific testing grounds will be a prerequisite for discovering new hydrocarbon deposits in Ukraine and increasing production at existing fields, as well as allowing the development of recommendations for the restoration of depleted fields.

Conducting seismic surveys, drilling exploration and exploratory wells, as well as conducting various types of geological surveys will make it possible to determine a new direction for oil and gas operations in a particular region.

Considering that the form of the Special Permit for the Use of Subsoil for the Purpose of Geological Study of Oil and Gas Subsoil, Including Experimental and Industrial Development of Fields, with Subsequent Production of Oil and Gas became invalid due to the cancellation of types of special permits, the only option for science parks to operate is to conclude product sharing agreements.

By entering into a production sharing agreement, science parks automatically receive a Special Permit for the extraction of hydrocarbon raw materials.