Joint Stock Company SEVMORNEFTEGEOFIZIKA (SMNG) traces its history from 1 January, 1979 when by the order of Ministry of the Gas Industry of the USSR Murmansk Marine Geologic-Geophysical Oil and Gas Expedition was formed to provide geological/geophysical exploration for oil and gas across the Arctic Seas of the former Soviet Union, at present it is a joint stock company SEVMORNEFTEGEOFIZIKA (SMNG). At the end of 2003, the federal state unitary enterprise SEVMORNEFTEGEOFIZIKA was transformed into a Joint Stock Company SEVMORNEFTEGEOFIZIKA (JSC SMNG). In January 2016, under the RF Presidential Decree, the shares of JSC SMNG, owned by the Russian Federation in the person of the Federal Agency for State Property Management, were transferred to the Russian State Geological Company ROSGEO. The company has been changed according to present-day requirements and acquired a high level of marine geophysical operations performance which ensures reliability, quality and efficiency of the surveys over the different water areas of the World Ocean.
Since its formation, SEVMORNEFTEGEOFIZIKA acquires the most volume of geophysical explorations across Russian Arctic. By the results of these operations about 400 prospects were identified, 40 prospects were prepared for deep exploratory drilling. Honoring the seismic data acquired by SMNG and the results of marine exploratory drilling within the West-Arctic shelf of Russia (Barents, Pechora and Kara Seas including the Ob and Taz Bays water areas) 19 oil, gas and gas-condensate fields have been discovered.
SMNG operates not only within the Russian shelf but offshore the World Ocean through the requests of both Russian and foreign companies.
For 40 years SMNG has acquired about 600,000 line km of 2D data and 10,991 sq. km of 3D data only in the Russian Arctic Seas and over 1,000,000 km of 2D and 35,000 sq. km of 3D surveys worldwide.