History of the company and information on fields belonging to the project

Oilwell Coin
1 min readAug 27, 2019

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Established in 2015, the oil company Demiurg LLC gathered experts with many years of experience in the field of oil production, geology, finance, law, and information technology.

“Demiurg” carried out a number of studies, applied for research and production work on the territory of oil fields in the North Caucasus.

The company has two own licensed sites. The first project to introduce innovative financing mechanisms will be carried out at the Komsomolsky site located in North Osetia.

Its area is about 60 square kilometers, and it is located in the western part of the Sunzhenskoye oil and gas-bearing anticlinal zone of the Tersko-Caspian oil and gas province. The site is adjacent directly to the Zamankul oil field, which has been producing oil since the mid-twentieth century.

The Komsomol site began to be explored at the beginning of the twentieth century. So far, measurements, seismic analysis, and exploratory well drilling have been carried out on it.

As a result of recent studies conducted in 2006–2007, direct signs of oil were recorded in the form of surface outlets in some springs in the license area and adjacent areas (not including the Zamankulskoye field).

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