Urengoyskoye (Achimov IV/V) is a producing conventional gas field located onshore Russia and is operated by Achim Development. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.

Field participation details

The field is owned by BASF, Gazprom and LetterOne Holdings.

Production from Urengoyskoye (Achimov IV/V)

The Urengoyskoye (Achimov IV/V) conventional gas field recovered 1.35% of its total recoverable reserves, with peak production expected in 2026. The peak production will approximately 89.65 thousand bpd of crude oil and condensate and 1,162.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2078.

Remaining recoverable reserves

The field is expected to recover 2,863.00 Mmboe, comprised of 900.52 Mmbbl of crude oil & condensate and 11,774.89 bcf of natural gas reserves. Urengoyskoye (Achimov IV/V) conventional gas field reserves accounts 0.98% of total remaining reserves of producing conventional gas fields globally.

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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.