Field participation details
The field is owned by Tatneft.
Production from Arkhangelskoye (TAT)
The Arkhangelskoye (TAT) heavy oil field recovered 69.21% of its total recoverable reserves, with peak production in 1987. The peak production was approximately 10.93 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2066.
Remaining recoverable reserves
The field is expected to recover 48.89 Mmboe, comprised of 48.89 Mmbbl of crude oil & condensate. Arkhangelskoye (TAT) heavy oil field reserves accounts 0.11% of total remaining reserves of producing heavy oil fields globally.
Tatneft is an integrated oil and gas company. It explores for, develops and produces crude oil and natural gas mainly in the Tatarstan. The company refines crude oil and markets petroleum products. Tatneft also manufactures petrochemicals and has operations in heat and power generation. The company operates a tire manufacturing complex and network of retail fuel filling stations and has interest in the financial services business. The company also provides ancillary services such as sales of oilfield equipment and drilling to others. It markets petroleum products in Russia, Belarus, Ukraine, Germany, Switzerland, the Netherlands and the UK. Tatneft is headquartered in Almetyevsk, Tatarstan, Russia.
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.