Ostrovnoye North (Severo-Ostrovnoye) is a producing conventional oil field located onshore Russia and is operated by Slavneft-Megionneftegaz. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Ostrovnoy North (Severo-Ostrovnoy). Buy the profile here.
Field participation details
The field is owned by Gazprom, Others and Rosneft Oil.
Production from Ostrovnoye North (Severo-Ostrovnoye)
The Ostrovnoye North (Severo-Ostrovnoye) conventional oil field recovered 85.34% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 6.32 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 2031.
Remaining recoverable reserves
The field is expected to recover 2.69 Mmboe, comprised of 2.69 Mmbbl of crude oil & condensate.
Slavneft-Megionneftegaz (Megionneftegaz), a subsidiary of Slavneft, is an oil and gas company that operates oil fields. The company’s activities include appraisal of oil and gas fields, oil and gas production, and well drilling and operation. Megionneftegaz develops and introduces advanced technologies to improve the efficiency of difficult-to-recover reserves extraction, increase the reservoir recovery and ensure additional oil production. The company holds licenses for exploration, development and oil and gas production at subsoil areas. Megionneftegaz operates in license areas to provide services for prospecting and industrial exploitation. The company produces oil in the Nizhnevartovsk and Surgut regions of Khanty-Mansi Autonomous Area. Megionneftegaz is headquartered in Moscow, Russia.
For more details on the Ostrovnoye North (Severo-Ostrovnoye) Conventional Oil Field, buy the profile here.