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November 25, 2021updated 26 Nov 2021 6:00am

Baituganskoye Conventional Oil Field, Russia

By Carmen

Baituganskoye is a producing conventional oil field located onshore Russia and is operated by BaiTex. The field is located in block Baytuganskoye (ORB 13173 NE).

Field participation details

The field is owned by Turkiye Petrolleri Anonim Ortakligi and MOL Hungarian Oil and Gas.


Production from Baituganskoye

The Baituganskoye conventional oil field recovered 49.53% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 12.82 thousand bpd of crude oil and condensate and 1 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062.


Remaining recoverable reserves

The field is expected to recover 46.87 Mmboe, comprised of 46.57 Mmbbl of crude oil & condensate and 1.81 bcf of natural gas reserves. Baituganskoye conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About BaiTex

BaiTex LLC is engaged in exploration of oil in Russia. BaiTex LLC owns the license to the subsoil under the Baituganskoye oil producing field in the Volga-Ural region, one of Russia’s main oil producing provinces. The field had 66.7 mmbbls of proven and probable reserves, and production of 1,800 bbl/day of crude with 26 API degree and low sulphur content.

Methodology

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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