Verkhne-Shapshinskoye is a producing conventional oil field located onshore Russia and is operated by NK RussNeft. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Verkhne-Shapshinsky. Buy the profile here.
Field participation details
The field is owned by NK RussNeft.
Production from Verkhne-Shapshinskoye
The Verkhne-Shapshinskoye conventional oil field recovered 24.21% of its total recoverable reserves, with peak production expected in 2027. The peak production will approximately 86.22 thousand bpd of crude oil and condensate and 19.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2074.
Remaining recoverable reserves
The field is expected to recover 474.42 Mmboe, comprised of 456.25 Mmbbl of crude oil & condensate and 108.98 bcf of natural gas reserves. Verkhne-Shapshinskoye conventional oil field reserves accounts 0.11% of total remaining reserves of producing conventional oil fields globally.
About NK RussNeft
NK RussNeft (RussNeft) is an oil and gas company that produces, refines and distributes crude oil, gas and petroleum products. It operates through providing services such as geological exploration and reserves, oil production, exploration and reserves and gas production. RussNeft’s exploration and reserves offer geographical and operational profile such as west Siberia group, Volga group and central Siberia group. The company’s gas project division develops associated petroleum gas utilization and programs of natural gas production and processing, and gas power generation. It has presence across Russia, in Moscow, Penza, Raduzhny, Tomsk and others. The company serve customers throughout Russia. RussNeft is headquartered in Moscow, Russia.
For more details on the Verkhne-Shapshinskoye Conventional Oil 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.
