Payakhskoye North (Severo-Payakhskoye) is a conventional oil development located onshore Russia and is operated by Taymyrneftegaz. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Payakhskoye North (Severo-Payakhskoye) was discovered in 2010, lies in block Payakhsky North (Severo-Payakhsky). Buy the profile here.

The project is currently in approval stage and is expected to start commercial production in 2023.

Field participation details

The field is owned by Rosneft Oil.

Production from Payakhskoye North (Severo-Payakhskoye)

Production from the Payakhskoye North (Severo-Payakhskoye) conventional oil development project is expected to begin in 2023 and is forecast to peak in 2028, to approximately 43,967 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2069.

Remaining recoverable reserves

The field is expected to recover 291.03 Mmboe, comprised of 291.03 Mmbbl of crude oil & condensate.

Contractors involved in the Payakhskoye North (Severo-Payakhskoye) conventional oil field

Some of the key contractors involved in the Payakhskoye North (Severo-Payakhskoye) project as follows.

Main EPC: China National Chemical Engineering

Other Contractors: Lenmorniiproekt and Trubodetal

For more details on the Payakhskoye North (Severo-Payakhskoye) 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.