Varyngskoye is a producing conventional oil field located onshore Russia and is operated by Negusneft. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Varyngsky. Buy the profile here.

Field participation details

The field is owned by Negusneft.

Production from Varyngskoye

The Varyngskoye conventional oil field recovered 90.01% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 20.28 thousand bpd of crude oil and condensate and 23.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.

Remaining recoverable reserves

The field is expected to recover 14.28 Mmboe, comprised of 12.30 Mmbbl of crude oil & condensate and 11.87 bcf of natural gas reserves.

For more details on the Varyngskoye 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.