Payyakhskoye 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, Payyakhskoye was discovered in 1990, lies in block Payakhsky. Buy the profile here.

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The project is currently in commissioning stage and is expected to start commercial production in 2024. The Payyakhskoye conventional oil development will involve the drilling of approximately 3176 wells.

Field participation details

The field is owned by Rosneft Oil.

Production from Payyakhskoye

Production from the Payyakhskoye conventional oil development project is expected to begin in 2024 and is forecast to peak in 2028, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2062.

Contractors involved in the Payyakhskoye conventional oil field

Some of the key contractors involved in the Payyakhskoye project as follows.

Main EPC: China National Chemical Engineering Group

Other Contractors: VKTB

For more details on the Payyakhskoye Conventional Oil Field, buy the profile here.

This content was updated on 7 February 2024

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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.