Ostrovnoye is a producing conventional oil field located onshore Russia and is operated by Slavneft-Nizhnevartovsk. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Ostrovnoy South (Yuzhno-Ostrovnoy). Buy the profile here.

Field participation details

The field is owned by Gazprom, Others and Rosneft Oil.

Production from Ostrovnoye

The Ostrovnoye conventional oil field recovered 59.35% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 5.41 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 2041.

Remaining recoverable reserves

The field is expected to recover 8.69 Mmboe, comprised of 8.50 Mmbbl of crude oil & condensate and 1.13 bcf of natural gas reserves.

For more details on the Ostrovnoye 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.