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November 30, 2021updated 27 Apr 2022 12:35pm

Medvezhye Conventional Gas Field, Russia

By Carmen

Medvezhye is a producing conventional gas field located onshore Russia and is operated by Gazprom Dobycha Nadym. The field is located in block Medvezhye.

Field participation details

The field is owned by Gazprom.


Production from Medvezhye

The Medvezhye conventional gas field recovered 95.10% of its total recoverable reserves, with peak production in 1982. The peak production was approximately 6.49 thousand bpd of crude oil and condensate and 7,348 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 600.13 Mmboe, comprised of 17.2 Mmbbl of crude oil & condensate and 3,497.58 bcf of natural gas reserves. Medvezhye conventional gas field reserves accounts 0.20% 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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