Kravtsovskoye is a producing conventional oil field located in shallow water in Russia and is operated by Lukoil-Kaliningradmorneft . The field is located in block Kravtsovskoye (D6).

Field participation details

The field is owned by Lukoil Oil.


Production from Kravtsovskoye

The Kravtsovskoye conventional oil field recovered 71.71% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 17.28 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.


Remaining recoverable reserves

The field is expected to recover 26.88 Mmboe, comprised of 23.92 Mmbbl of crude oil & condensate and 17.76 bcf of natural gas reserves. Kravtsovskoye 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.