Labaganskoye is a producing heavy oil field located onshore Russia and is operated by Severnaya Neft. The field is located in block Labagansky.
Field participation details
The field is owned by Independent Petroleum and Rosneft Oil.
Production from Labaganskoye
The Labaganskoye heavy oil field recovered 46.05% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 18.5 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053.
Remaining recoverable reserves
The field is expected to recover 33.61 Mmboe, comprised of 33.61 Mmbbl of crude oil & condensate. Labaganskoye heavy oil field reserves accounts 0.08% of total remaining reserves of producing heavy oil fields globally.
About Severnaya Neft
Severnaya Neft, is produces hydrocarbon products that conducts exploratory operations to find oil and gas deposits. The company is headquartered in Russia.
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.