Znamenskoye is a producing conventional oil field located onshore Russia and is operated by Bashneft. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Znamenskoye. Buy the profile here.
Field participation details
The field is owned by Rosneft Oil.
Production from Znamenskoye
The Znamenskoye conventional oil field recovered 48.87% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 13.26 thousand bpd of crude oil and condensate and 2.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2072.
Remaining recoverable reserves
The field is expected to recover 57.37 Mmboe, comprised of 56.07 Mmbbl of crude oil & condensate and 7.78 bcf of natural gas reserves. Znamenskoye conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
Bashneft, a subsidiary of Rosneft Oil Co, is a vertically integrated oil and gas company. It explores for, produces, refines, produces, markets and distributes oil and petroleum products. In the domestic market, the company sells crude oil, petroleum products and petrochemical products. Its asset base includes oil and gas fields, refineries and petrol stations. The company primarily operates in Russia and serves as an operator in joint foreign geological exploration projects in Iraq and Myanmar. It has oil reserves and a resource base in major oil-producing regions, Volga-Urals province, Timan-Pechora and Western Siberia in Russia. Bashneft is headquartered in Ufa, Russia.
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