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November 29, 2021updated 27 Apr 2022 12:55pm

Krasnoleninskoye (Palyanovsky Northeast) Conventional Oil Field, Russia

By Carmen

Krasnoleninskoye (Palyanovsky Northeast) is a producing conventional oil field located onshore Russia and is operated by Gazpromneft-Palyan. The field is located in block Palyanovskaya (North-East Part).

An expansion project is associated with the Krasnoleninskoye (Palyanovsky Northeast), namely Krasnoleninskoye (Palyanovsky Northeast) EOR. This project is currently in the commissioning stage, expected to start in 2022.

Field participation details

The field is owned by Gazprom.


Production from Krasnoleninskoye (Palyanovsky Northeast)

The Krasnoleninskoye (Palyanovsky Northeast) conventional oil field recovered 31.63% of its total recoverable reserves, with peak production expected in 2027. The peak production will approximately 5.27 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 2078.


Remaining recoverable reserves

The field is expected to recover 40.19 Mmboe, comprised of 34.43 Mmbbl of crude oil & condensate and 34.55 bcf of natural gas reserves. Krasnoleninskoye (Palyanovsky Northeast) conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


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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