Peschanoozerskoye (NRM 00451 NE) is a producing conventional oil field located onshore Russia and is operated by Arcticneft. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Peschanoozerskoye. Buy the profile here.

Field participation details

The field is owned by Urals Energy.

Production from Peschanoozerskoye (NRM 00451 NE)

The Peschanoozerskoye (NRM 00451 NE) conventional oil field recovered 86.75% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 1.66 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034.

Remaining recoverable reserves

The field is expected to recover 0.90 Mmboe, comprised of 0.90 Mmbbl of crude oil & condensate.

About Arcticneft

ZAO Arcticneft is formed by OAO Arkhangelskgeoldobycha and OAO LUKOIL-Arktik-Tanker for the purpose of developing and operating the Peschanoozerskoye field on Kolguyev Island in the Barents Sea. OAO Arkhangelskgeoldobycha and LUKOIL, each holds 51% and 49% stake in the company, respectively.

For more details on the Peschanoozerskoye (NRM 00451 NE) 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.