Labaganskoye is a producing heavy oil field located onshore Russia and is operated by Severnaya Neft. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Labagansky. Buy the profile here.

Field participation details

The field is owned by Independent Petroleum.

Production from Labaganskoye

The Labaganskoye heavy oil field recovered 50.26% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 18.50 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053.

Remaining recoverable reserves

The field is expected to recover 30.99 Mmboe, comprised of 30.99 Mmbbl of crude oil & condensate. Labaganskoye heavy oil field reserves accounts 0.07% of total remaining reserves of producing heavy oil fields globally.

About Severnaya Neft

Severnaya Neft, is produces hydrocarbon products that conducts exploratory operations to find oil and gas deposits. The company is headquartered in Russia.

For more details on the Labaganskoye Heavy Oil Field, buy the profile here.


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.