Nizevoye is a producing conventional oil field located onshore Russia and is operated by Lukoil-Komi. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Nizevoye. Buy the profile here.
Field participation details
The field is owned by Lukoil Oil.
Production from Nizevoye
The Nizevoye conventional oil field recovered 68.21% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 1.30 thousand bpd of crude oil and condensate and 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047.
Remaining recoverable reserves
The field is expected to recover 3.26 Mmboe, comprised of 2.86 Mmbbl of crude oil & condensate and 2.36 bcf of natural gas reserves.
Lukoil-Komi (Lukoil-Komi), a subsidiary of Lukoil Oil Co, is a mining company that offers an exploration of mineral properties. The company's business activities include exploration, production, and development of hydrocarbon raw materials, crude oil, gas, and oil and gas sales, and transportation and storage of oil. It also fills the mineral resource base of the Timan-Pechora oil and gas province. Lukoil-Komi operates through its production facilities such as LUKOIL- Usinskneftegaz, LUKOIL - Ukhtaneftegaz, and LUKOIL – Severneftegas. The company operates projects for exploration and production in the municipalities of Usinsk, Pechora, Ukhta, Izhemsky, Sosnogorsk, Ust-Tsilemsky, and Nayan-Mar. Lukoil-Komi is headquartered in Usinsk, Komi Republic, Russia.
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