Olimpiyskoye (ORB) is a producing conventional oil field located onshore Russia and is operated by Geoprogress. The field is located in block Aleksandrovsky (ORB).
Field participation details
The field is owned by Geoprogress.
Production from Olimpiyskoye (ORB)
The Olimpiyskoye (ORB) conventional oil field recovered 16.43% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 6.98 thousand bpd of crude oil and condensate and 1 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2088.
Remaining recoverable reserves
The field is expected to recover 51.66 Mmboe, comprised of 50.29 Mmbbl of crude oil & condensate and 8.2 bcf of natural gas reserves. Olimpiyskoye (ORB) conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.