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November 29, 2021updated 27 Apr 2022 11:49am

Krasnogorskoye (IZhV) Conventional Oil Field, Russia

By Carmen

Krasnogorskoye (IZhV) is a producing conventional oil field located onshore Russia and is operated by Udmurtneft. The field is located in block Krasnogorsky (IZhV 00195 NE) and Krasnogorsky (IZhV 00194 NE).

Field participation details

The field is owned by China Petrochemical and Rosneft Oil.


Production from Krasnogorskoye (IZhV)

The Krasnogorskoye (IZhV) conventional oil field recovered 52.32% of its total recoverable reserves, with peak production in 2013. The peak production was approximately 6.48 thousand bpd of crude oil and condensate and 3 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2067.


Remaining recoverable reserves

The field is expected to recover 24.61 Mmboe, comprised of 24.61 Mmbbl of crude oil & condensate. Krasnogorskoye (IZhV) conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About Udmurtneft

Udmurtneft is an oil and gas company that undertakes geological exploration, development and operation of hydrocarbon fields. The company provides a license for exploration and production of minerals, and licenses for geological study including prospecting and evaluation of mineral deposits, exploration and mining of minerals. It also offers a license for geological study of the underlying horizons of the developed mineral deposits. Udmurtneft transports fuels through a trunk pipeline system. The company develops technologies in fracturing and stimulation of wells, field development technologies, new downhole technology, and ground infrastructure and pipeline transport. Udmurtneft is headquartered in Izhevsk, Russia.

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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