Okruzhnoye is a producing conventional oil field located onshore Russia and is operated by Petrosakh. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Okruzhnoye. Buy the profile here.
Field participation details
The field is owned by Sakhalin Oil and Urals Energy.
Production from Okruzhnoye
The Okruzhnoye conventional oil field recovered 93.06% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 3.13 thousand bpd of crude oil and condensate and 7.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031.
Remaining recoverable reserves
The field is expected to recover 1.12 Mmboe, comprised of 1.12 Mmbbl of crude oil & condensate.
About Petrosakh
ZAO Petrosakh is an integrated oil and gas exploration and production company. It operates the Okruzhnoye and Pogranichnoye onshore oil fi elds licenses and has an exploration license for the off-shore part of the Pogranichnoye field. It is located on Sakhalin Island in the Russian Far East.
For more details on the Okruzhnoye Conventional Oil Field, buy the profile here.
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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.
