Layavozhskoye is a conventional gas development located onshore Russia and is operated by Layavozhneftegaz. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block Vaneyvissky & Layavozhsky. Buy the profile here.

The project is currently in feasibility stage and is expected to start commercial production in 2025.

Field participation details

The field is owned by Gazprom and Lukoil Oil.

Production from Layavozhskoye

Production from the Layavozhskoye conventional gas development project is expected to begin in 2025 and is forecast to peak in 2029, to approximately 7,997 bpd of crude oil and condensate and 574 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2066.

Remaining recoverable reserves

The field is expected to recover 863.88 Mmboe, comprised of 65.67 Mmbbl of crude oil & condensate and 4,789.21 bcf of natural gas reserves.

About Layavozhneftegaz

Layavozhneftegaz LLC (Layavozhneftegaz) is engaged in identification, exploration and production of various oil and gas products and is also involved in offering various related services for its end clients. The company is headquartered in Moscow, Russia.

For more details on the Layavozhskoye Conventional Gas 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.