Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
November 29, 2021updated 30 Nov 2021 12:56pm

Lovinskoye Conventional Oil Field, Russia

By Carmen

Lovinskoye is a producing conventional oil field located onshore Russia and is operated by Lukoil-Western Siberia. The field is located in block Lovinsky.

Field participation details

The field is owned by Lukoil Oil.


Production from Lovinskoye

The Lovinskoye conventional oil field recovered 66.54% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 15.8 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2074.


Remaining recoverable reserves

The field is expected to recover 33.13 Mmboe, comprised of 30.99 Mmbbl of crude oil & condensate and 12.88 bcf of natural gas reserves. Lovinskoye 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.

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU