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November 30, 2021updated 01 Dec 2021 8:09am

Megionskoye Conventional Oil Field, Russia

By Carmen

Megionskoye is a producing conventional oil field located onshore Russia and is operated by Slavneft-Megionneftegaz. The field is located in block Megionsky.

Field participation details

The field is owned by Rosneft Oil, Gazprom and othres.


Production from Megionskoye

The Megionskoye conventional oil field recovered 64.87% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 44.21 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2052.


Remaining recoverable reserves

The field is expected to recover 90.32 Mmboe, comprised of 90.2 Mmbbl of crude oil & condensate and 0.71 bcf of natural gas reserves. Megionskoye conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.


About Slavneft-Megionneftegaz

Slavneft-Megionneftegaz (Megionneftegaz), a subsidiary of Slavneft, is an oil and gas company that operates oil fields. The company’s activities include appraisal of oil and gas fields, oil and gas production, and well drilling and operation. Megionneftegaz develops and introduces advanced technologies to improve the efficiency of difficult-to-recover reserves extraction, increase the reservoir recovery and ensure additional oil production. The company holds licenses for exploration, development and oil and gas production at subsoil areas. Megionneftegaz operates in license areas to provide services for prospecting and industrial exploitation. The company produces oil in the Nizhnevartovsk and Surgut regions of Khanty-Mansi Autonomous Area. Megionneftegaz is headquartered in Megion, Russia.

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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