Labatyuganskoye North (Severo-Labatyuganskoye) is a producing conventional oil field located onshore Russia and is operated by Surgutneftegas. The field is located in block Labatyugansky North (Severo-Labatyugansky).
Field participation details
The field is owned by Surgutneftegas.
Production from Labatyuganskoye North (Severo-Labatyuganskoye)
The Labatyuganskoye North (Severo-Labatyuganskoye) conventional oil field recovered 57.14% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 122.1 thousand bpd of crude oil and condensate and 44 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056.
Remaining recoverable reserves
The field is expected to recover 361.75 Mmboe, comprised of 341.8 Mmbbl of crude oil & condensate and 119.72 bcf of natural gas reserves. Labatyuganskoye North (Severo-Labatyuganskoye) conventional oil field reserves accounts 0.07% of total remaining reserves of producing conventional oil fields globally.
Surgutneftegas is an integrated energy company that carries out the production, exploration, gas processing, power generation and marketing of petroleum products, petrochemicals and gas products. The company is engaged in oil and gas processing and power generation, wholesale and retail trade of petroleum products and related services. It owns and operates, Kirishinefteorgsintez refinery in Russia. Its refinery produces petroleum products such as motor fuels, aromatics, liquid paraffin, diesel fuel, jet fuel and bitumens. The company also operates its retail activities through subsidiaries and offers a range of reservoir management, construction of facilities, environmental safety and process automation services. Surgutneftegas is headquartered in Surgut, 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.