Sugmutskoye is a producing conventional oil field located onshore Russia and is operated by Gazprom Neft-Noyabrskneftegaz. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Sugmutsky. Buy the profile here.
An expansion project is associated with the Sugmutskoye, namely the Sugmutskoye Stage 2. This project is currently in the approval stage.
Field participation details
The field is owned by Gazprom.
Production from Sugmutskoye
The Sugmutskoye conventional oil field recovered 90.60% of its total recoverable reserves, with peak production in 2004. The peak production was approximately 192.66 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033.
Remaining recoverable reserves
The field is expected to recover 66.19 Mmboe, comprised of 32.13 Mmbbl of crude oil & condensate and 204.34 bcf of natural gas reserves. Sugmutskoye conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Sugmutskoye conventional oil field
Some of the key contractors involved in the Sugmutskoye project as follows.
Other Contractors: Glavgosexpertiza of Russia and Uraltruboprovodstroyproekt
For more details on the Sugmutskoye Conventional Oil Field, buy the profile here.