Kravtsovskoye is a producing conventional oil field located in shallow water in Russia and is operated by Lukoil-Kaliningradmorneft. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Kravtsovskoye (D6). Buy the profile here.

Field participation details

The field is owned by Lukoil Oil.

Production from Kravtsovskoye

The Kravtsovskoye conventional oil field recovered 74.71% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 17.28 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.

Remaining recoverable reserves

The field is expected to recover 24.03 Mmboe, comprised of 21.31 Mmbbl of crude oil & condensate and 16.31 bcf of natural gas reserves. Kravtsovskoye conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.

For more details on the Kravtsovskoye Conventional 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.