Festivalnoye (SLKh) is a producing heavy oil field located onshore Russia and is operated by Kharampurneftegaz. The field is located in block Festivalny (SLKh).
Field participation details
The field is owned by BP and Rosneft Oil.
Production from Festivalnoye (SLKh)
The Festivalnoye (SLKh) heavy oil field recovered 56.13% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 9.99 thousand bpd of crude oil and condensate and 14 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049.
Remaining recoverable reserves
The field is expected to recover 37.08 Mmboe, comprised of 32.47 Mmbbl of crude oil & condensate and 27.64 bcf of natural gas reserves. Festivalnoye (SLKh) heavy oil field reserves accounts 0.08% of total remaining reserves of producing heavy oil fields globally.
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.