Timofiivske is a producing conventional gas field located onshore Ukraine and is operated by Ukrgazvydobuvannya. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Tymofiivske. Buy the profile here.
Field participation details
The field is owned by Naftogaz of Ukraine.
Production from Timofiivske
The Timofiivske conventional gas field recovered 88.43% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 1.20 thousand bpd of crude oil and condensate and 95.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 10.08 Mmboe, comprised of 3.11 Mmbbl of crude oil & condensate and 41.78 bcf of natural gas reserves.
About Ukrgazvydobuvannya
Ukrgazvydobuvannya is engaged in the gas extracting and processing company.
For more details on the Timofiivske Conventional Gas 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.
