Y. Kuvykin (Sarmatskoye) is a conventional gas development located in shallow water in Russia and is operated by Lukoil-Nizhnevolzhskneft. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Y. Kuvykin (Sarmatskoye) was discovered in 2003, lies in block Severny (ShKS), with water depth of around 49 feet. Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2027.
Field participation details
The field is owned by Lukoil Oil.
Production from Y. Kuvykin (Sarmatskoye)
Production from the Y. Kuvykin (Sarmatskoye) conventional gas development project is expected to begin in 2027 and is forecast to peak in 2030, to approximately 10,429 bpd of crude oil and condensate and 606 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2054.
Remaining recoverable reserves
The field is expected to recover 589.87 Mmboe, comprised of 58.78 Mmbbl of crude oil & condensate and 3,186.55 bcf of natural gas reserves.
Contractors involved in the Y. Kuvykin (Sarmatskoye) conventional gas field
Some of the key contractors involved in the Y. Kuvykin (Sarmatskoye) project as follows.
Other Contractors: Ramboll Group, Trubnaya Metallurgicheskaya Kompaniya and Akastor
About Lukoil-Nizhnevolzhskneft
Lukoil-Nizhnevolzhskneft (LUKOIL), a subsidiary of Lukoil Oil Co is an oil and gas exploration and development company that explores, discovers, and develops oil and gas fields in the Caspian region and Astrakhan oblast. The company invests in the resource base, optimized quality management process, increased levels of industrial and environmental safety, geography of activities opened serious prospects, associated with participation in offshore projects. It has gas-processing plant in Kotovo. LUKOIL also operates exploration work in the central part of western Kazakhstan. The company holds contracts for the construction of infield pipelines and oil export pipeline and gas fields in the North Caspian Sea. LUKOIL is headquartered in Astrakhan, Russia.
For more details on the Y. Kuvykin (Sarmatskoye) 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.
