Vareyagskoye is a producing conventional oil field located onshore Russia and is operated by Sibintek Enterprise Intensive Technologies. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Pogranichny (TYuM). Buy the profile here.

Field participation details

The field is owned by Neftisa.

Production from Vareyagskoye

The Vareyagskoye conventional oil field recovered 36.75% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 14.01 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2063.

Remaining recoverable reserves

The field is expected to recover 58.21 Mmboe, comprised of 58.21 Mmbbl of crude oil & condensate. Vareyagskoye conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.

For more details on the Vareyagskoye Conventional Oil Field, buy the profile here.


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.