Novo-Krasinskoye is a producing conventional oil field located onshore Russia and is operated by RITEK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Novo-Krasinskoye. Buy the profile here.

Field participation details

The field is owned by Lukoil Oil.

Production from Novo-Krasinskoye

The Novo-Krasinskoye conventional oil field recovered 54.68% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 1.32 thousand bpd of crude oil and condensate and 0.05 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042.

Remaining recoverable reserves

The field is expected to recover 3.43 Mmboe, comprised of 2.99 Mmbbl of crude oil & condensate, 1.34 bcf of natural gas reserves and 0.22 Mmbbl of natural gas liquid reserves.

For more details on the Novo-Krasinskoye 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.