Ovrazhnoye (VLG) 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 Ovrazhnoye. Buy the profile here.
Field participation details
The field is owned by Lukoil Oil.
Production from Ovrazhnoye (VLG)
The Ovrazhnoye (VLG) conventional oil field recovered 68.55% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 0.26 thousand bpd of crude oil and condensate and 0.01 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045.
Remaining recoverable reserves
The field is expected to recover 0.66 Mmboe, comprised of 0.61 Mmbbl of crude oil & condensate, 0.01 bcf of natural gas reserves and 0.05 Mmbbl of natural gas liquid reserves.
For more details on the Ovrazhnoye (VLG) Conventional Oil Field, buy the profile here.