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 development cost is expected to be $599 m. 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 2049.
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.
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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.
