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December 1, 2021

Orenburgskoye (East (Vostochny)) Conventional Oil Field, Russia

By Carmen

Orenburgskoye (East (Vostochny)) is a producing conventional oil field located onshore Russia and is operated by Gazprom Neft Orenburg. The field is located in block Vostochny (ORB).

Field participation details

The field is owned by Gazprom.


Production from Orenburgskoye (East (Vostochny))

The Orenburgskoye (East (Vostochny)) conventional oil field recovered 24.87% of its total recoverable reserves, with peak production expected in 2027. The peak production will approximately 74.73 thousand bpd of crude oil and condensate and 158 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2084.


Remaining recoverable reserves

The field is expected to recover 722.01 Mmboe, comprised of 505.5 Mmbbl of crude oil & condensate and 1,299.1 bcf of natural gas reserves. Orenburgskoye (East (Vostochny)) conventional oil field reserves accounts 0.15% of total remaining reserves of producing conventional oil fields globally.


About Gazprom Neft Orenburg

Gazprom neft Orenburg (Orenburg), formerly ZAO Stimul is a production company and holds a license for the development of the eastern part of the Orenburg oil and gas condensate deposit.

Methodology

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.

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