The total oil and gas production of FSU in 2022 was 29.9mmboed, an increase of 4.5% when compared to 2021. The largest oil and gas producing countries are Russia, Kazakhstan and Turkmenistan. Through to 2030 annual oil and gas production is forecast to decrease by a CAGR of 2.42% to reach 23.9mmboed. GlobalData uses proprietary data and analytics to provide a complete picture of the total FSU oil & gas fields segment. Buy the latest oil & gas fields profiles here.

In 2022, Russia had the highest crude oil and natural gas production at 23.4mmboed, followed by Kazakhstan at 2.3mmboed and Turkmenistan at 1.7mmboed. Here are the 10 largest oil and gas producing fields in FSU by production in 2022, according to GlobalData’s Oil & Gas, Upstream Fields Database.

1. Bovanenkovskoye

Bovanenkovskoye is located in Yamalo-Nenets Autonomous Okrug, Russia. This field is owned by Gazprom (100.00%) and operated by Gazprom Dobycha Nadym. The field produced 1.81mmboed in 2022 and recovered 22.1% of its total recoverable reserves, with peak production in 2021. The peak production was approximately at 1.88mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2099. The field currently accounts for approximately 6.08% of the total FSU daily crude oil and natural gas output and it is expected to recover 16503mmboe of crude oil and natural gas. Buy the profile here.

2. Zapolyarnoye

Zapolyarnoye is located in Yamalo-Nenets Autonomous Okrug, Russia. This field is owned by Gazprom (100.00%) and operated by Gazprom Dobycha Yamburg. The field produced 1.7mmboed in 2022 and recovered 50.26% of its total recoverable reserves, with peak production in 2013. The peak production was approximately at 1.94mmboed of natural gas and gas condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2096. The field currently accounts for approximately 5.71% of the total FSU daily crude oil and natural gas output and it is expected to recover 11699mmboe of crude oil and natural gas. Buy the profile here.

3. Tengiz Project (Tengiz and Korolevskoye)

Tengiz Project (Tengiz and Korolevskoye) is located in Atyrau Oblast, Kazakhstan. This field is owned by Chevron (50.00%); Exxon Mobil (25.00%); Lukoil Oil Co (5.00%); National Company KazMunayGas (20.00%) and operated by Tengizchevroil. The field produced 0.78mmboed in 2022 and recovered 43.82% of its total recoverable reserves, with peak production in 2026. The peak production is expected approximately at 1.08mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. The field currently accounts for approximately 2.61% of the total FSU daily crude oil and natural gas output and it is expected to recover 7039mmboe of crude oil and natural gas. Buy the profile here.

4. Yamburgskoye

Yamburgskoye is located in Yamalo-Nenets Autonomous Okrug, Russia. This field is owned by Gazprom (100.00%) and operated by Gazprom Dobycha Yamburg. The field produced 1.12mmboed in 2022 and recovered 79.9% of its total recoverable reserves, with peak production in 1992. The peak production was approximately at 2.87mmboed of natural gas and gas condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 3.74% of the total FSU daily crude oil and natural gas output and it is expected to recover 6356mmboe of natural gas and gas condensate. Buy the profile here.

5. Chayandinskoye

Chayandinskoye is located in Sakha, Russia. This natural gas field is owned by Gazprom (100.00%) and operated by Gazprom Dobycha Noyabrsk. The field produced 0.26mmboed in 2022 and recovered 3.33% of its total recoverable reserves, with peak production in 2024. The peak production is expected approximately at 0.43mmboed of natural gas and gas condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2094. The field currently accounts for approximately 0.88% of the total FSU daily crude oil and natural gas output and it is expected to recover 5558mmboe of natural gas and gas condensate. Buy the profile here.

6. Kashagan

Kashagan is located in Caspian Sea, Kazakhstan. This field is owned by China National Petroleum (8.33%); Eni (16.81%); Exxon Mobil (16.81%); Inpex (7.56%); National Company KazMunayGas (16.87%); Shell plc (16.81%); TotalEnergies (16.81%) and operated by North Caspian Operating Co. The field produced 0.37mmboed in 2022 and recovered 13.67% of its total recoverable reserves, with peak production in 2025. The peak production is expected approximately at 0.61mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2077. The field currently accounts for approximately 1.23% of the total FSU daily crude oil and natural gas output and it is expected to recover 4984mmboe of crude oil and natural gas. Buy the profile here.

7. Urengoyskoye (Urengoysky)

Urengoyskoye (Urengoysky) is located in Yamalo-Nenets Autonomous Okrug, Russia. This field is owned by Gazprom (100.00%) and operated by Gazprom Dobycha Urengoy. The field produced 0.71mmboed in 2022 and recovered 91.07% of its total recoverable reserves, with peak production in 1992. The peak production was approximately at 4.63mmboed of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 2.39% of the total FSU daily crude oil and natural gas output and it is expected to recover 3776mmboe of natural gas. Buy the profile here.

8. Priobskoye (Northern Part)

Priobskoye (Northern Part) is located in Khanty-Mansi Autonomous Okrug, Russia. This field is owned by Rosneft Oil Co (100.00%) and operated by RN-Yuganskneftegaz. The field produced 0.49mmboed in 2022 and recovered 58.48% of its total recoverable reserves, with peak production in 2009. The peak production was approximately at 0.69mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2063. The field currently accounts for approximately 1.65% of the total FSU daily crude oil and natural gas output and it is expected to recover 3677mmboe of crude oil and natural gas. Buy the profile here.

9. Shah Deniz

Shah Deniz is located in Caspian Sea, Azerbaijan. This field is owned by BP (29.99%); Lukoil Oil Co (19.99%); National Iranian Oil Co (10.00%); State Oil Company of the Azerbaijan Republic (17.62%); Turkiye Petrolleri Anonim Ortakligi (19.00%), Others (3.4%) and operated by BP. The field produced 0.5mmboed in 2022 and recovered 28.52% of its total recoverable reserves, with peak production in 2028. The peak production is expected approximately at 0.53mmboed of natural gas and gas condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2074. The field currently accounts for approximately 1.68% of the total FSU daily crude oil and natural gas output and it is expected to recover 3493mmboe of natural gas and gas condensate. Buy the profile here.

10. Azeri-Chirag-Guneshli

Azeri-Chirag-Guneshli is located in Caspian Sea, Azerbaijan. This field is owned by BP (30.37%); Equinor (7.27%); Exxon Mobil (6.79%); Inpex (9.31%); Itochu (3.65%); MOL Hungarian Oil and Gas (9.57%); Oil and Natural Gas Corp (2.31%); State Oil Company of the Azerbaijan Republic (25.00%); Turkiye Petrolleri Anonim Ortakligi (5.73%) and operated by BP Exploration (Caspian Sea). The field produced 0.46mmboed in 2022 and recovered 59.06% of its total recoverable reserves, with peak production in 2009. The peak production was approximately at 0.88 mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 1.53% of the total FSU daily crude oil and natural gas output and it is expected to recover 3090mmboe of crude oil and natural gas. Buy the profile here.

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GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.  

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.