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December 3, 2021

Nizovskoye Conventional Oil Field, Russia

By Carmen

Nizovskoye is a producing conventional oil field located onshore Russia and is operated by Samaraneftegaz. The field is located in block Nizovsky.

Field participation details

The field is owned by Rosneft Oil.


Production from Nizovskoye

The Nizovskoye conventional oil field recovered 23.53% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 6.5 thousand bpd of crude oil and condensate and 4 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062.


Remaining recoverable reserves

The field is expected to recover 35 Mmboe, comprised of 31.15 Mmbbl of crude oil & condensate and 23.15 bcf of natural gas reserves. Nizovskoye conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About Samaraneftegaz

Samaraneftegaz, a subsidiary of Rosneft Oil Company is an oil and gas production company that explores and produces oil and gas. The company supplies crude oil for processing to Rosneft’s Kuibyshev, Novokuibyshevsk, and Syzran refineries. Samaraneftegaz holds 17 licenses for geological study, and exploration and production of hydrocarbons in the Samara region. It has its licenses to the Sovetsky (Kinelsky region) and Biryukovsky (Bogatovsky region) oil blocks. The company has oil fields such as West-Kommunarnoye, Belozersko-Chubovskoye, Ozerkinskoye, and South-Neprikovskoye. Samaraneftegaz is headquartered in Samara, 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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