Pyzhelskoye is a producing conventional oil field located onshore Russia and is operated by Lukoil Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Pyzhelskoye. Buy the profile here.
Field participation details
The field is owned by Lukoil Oil.
Production from Pyzhelskoye
The Pyzhelskoye conventional oil field recovered 63.26% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 0.08 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041.
Remaining recoverable reserves
The field is expected to recover 0.19 Mmboe, comprised of 0.16 Mmbbl of crude oil & condensate and 0.15 bcf of natural gas reserves.
About Lukoil Oil
Lukoil Oil Co (Lukoil) is an oil and gas company, which carries out exploration and production of crude oil and natural gas. Lukoil has interest in properties across Russia, Kazakhstan, Azerbaijan, Uzbekistan, the Middle East, South America, Northern and Western Africa and South-East Asia. The company also carries out refining and transport operations, marketing and trading of crude oil, natural gas and refined products. It operates a network of refineries in Russia, Bulgaria, Romania and Italy. The company also has interest in the Zeeland refinery in the Netherlands. Lukoil also plays a major role in petrochemical sector through plants in Russia, Bulgaria and Italy. Lukoil also undertakes power generation through companies in Bulgaria, Russia and Romania. The company markets its products through direct retail and export operations. Lukoil is headquartered in Moscow, Russia.
For more details on the Pyzhelskoye Conventional Oil Field, buy the profile here.
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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.
