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

Field participation details

The field is owned by Gazprom.

Production from Novo-Portovskoye

The Novo-Portovskoye conventional oil field recovered 23.62% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 159.86 thousand bpd of crude oil and condensate and 1,047.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062. The field currently accounts for approximately 1% of the country’s daily output.

Remaining recoverable reserves

The field is expected to recover 1,892.02 Mmboe, comprised of 1,026.94 Mmbbl of crude oil & condensate and 5,190.46 bcf of natural gas reserves. Novo-Portovskoye conventional oil field reserves accounts 0.42% of total remaining reserves of producing conventional oil fields globally.

About Gazpromneft-Yamal

Gazpromneft-Yamal is engaged in the exploration and production of oil and gas.The company is headquartered in Russia.

For more details on the Novo-Portovskoye 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.