Festivalnoye (SLKh) is a producing heavy oil field located onshore Russia and is operated by Kharampurneftegaz. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Festivalny (SLKh). Buy the profile here.

Field participation details

The field is owned by BP and Rosneft Oil.

Production from Festivalnoye (SLKh)

The Festivalnoye (SLKh) heavy oil field recovered 64.80% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 9.99 thousand bpd of crude oil and condensate and 14.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049.

Remaining recoverable reserves

The field is expected to recover 27.72 Mmboe, comprised of 27.72 Mmbbl of crude oil & condensate. Festivalnoye (SLKh) heavy oil field reserves accounts 0.06% of total remaining reserves of producing heavy oil fields globally.

For more details on the Festivalnoye (SLKh) Heavy Oil Field, buy the profile here.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.