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November 29, 2021

Archinskoye Conventional Oil Field, Russia

By Carmen

Archinskoye is a producing conventional oil field located onshore Russia and is operated by Gazpromneft-Vostok. The field is located in block Archinsky.

An expansion project is associated with the Archinskoye, namely Archinskoye Development. This project is currently in the feasibility stage.

Field participation details

The field is owned by Mubadala Investment, Gazprom and othres.

Production from Archinskoye

The Archinskoye conventional oil field recovered 12.58% of its total recoverable reserves, with peak production expected in 2027. The peak production will approximately 25.84 thousand bpd of crude oil and condensate and 5 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2084.

Remaining recoverable reserves

The field is expected to recover 181.22 Mmboe, comprised of 174.76 Mmbbl of crude oil & condensate and 38.73 bcf of natural gas reserves. Archinskoye conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.

Contractors involved in the Archinskoye conventional oil field

Some of the key contractors involved in the Archinskoye project as follows.

Other Contractors: BSK Grand, NaftaGaz, SLC-Group, Uralmash Machine-Building and Uralmash Oil and Gas Equipment Holding

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Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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