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November 24, 2021updated 27 Apr 2022 11:51am

Novo-Yelkhovskoye Heavy Oil Field, Russia

By Carmen

Novo-Yelkhovskoye is a producing heavy oil field located onshore Russia and is operated by Tatneft. The field is located in block Novo-Yelkhovsky.

Field participation details

The field is owned by Tatneft.


Production from Novo-Yelkhovskoye

The Novo-Yelkhovskoye heavy oil field recovered 48.02% of its total recoverable reserves, with peak production expected in 2027. The peak production will approximately 72.51 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2073.


Remaining recoverable reserves

The field is expected to recover 487.11 Mmboe, comprised of 487.11 Mmbbl of crude oil & condensate. Novo-Yelkhovskoye heavy oil field reserves accounts 1.11% of total remaining reserves of producing heavy oil fields globally.


About Tatneft

Tatneft is an integrated oil and gas company. It explores for, develops and produces crude oil and natural gas mainly in the Tatarstan. The company refines crude oil and markets petroleum products. Tatneft also manufactures petrochemicals and has operations in heat and power generation. The company operates a tire manufacturing complex and network of retail fuel filling stations and has interest in the financial services business. The company also provides ancillary services such as sales of oilfield equipment and drilling to others. It markets petroleum products in Russia, Belarus, Ukraine, Germany, Switzerland, the Netherlands and the UK. Tatneft is headquartered in Almetyevsk, Tatarstan, 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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