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November 26, 2021

Lutsenkivske Conventional Gas Field, Ukraine

By Carmen

Lutsenkivske is a producing conventional gas field located onshore Ukraine and is operated by Natural Resources. The field is located in block Lutsenkivske.

Field participation details

The field is owned by Vitol Holding II and Geo Alliance Oil Gas Public.


Production from Lutsenkivske

The Lutsenkivske conventional gas field recovered 40.42% of its total recoverable reserves, with peak production in 2013. The peak production was approximately 1.03 thousand bpd of crude oil and condensate and 28 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2083. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 30.74 Mmboe, comprised of 6.46 Mmbbl of crude oil & condensate and 145.67 bcf of natural gas reserves. Lutsenkivske conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas 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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