Trebs and Titov oil fields

Trebs and Titov oil fields is a complex of Arctic oil fields in the Timan-Pechora Basin in Nenets Autonomous Okrug, Russia.

[1] Recoverable reserves are 78.1 million tons in the Trebs field and 132.8 million tons in the Titov field.

[4] The license for development of these fields was auctioned in 2010.

Although initial interest was shown by Lukoil, TNK-BP, Gazprom Neft, Surgutneftegaz, Bashneft, and ONGC, the final bid was made only by Bashneft.

[6] On 15 April 2011, Lukoil agreed to acquire a 25.1% stake in the project.