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November 29, 2021

Pavlovskoye (PEM) Conventional Oil Field, Russia

By Carmen

Pavlovskoye (PEM) is a producing conventional oil field located onshore Russia and is operated by Lukoil-Perm. The field is located in block Pavlovskoye (PEM 12481 NE).

Field participation details

The field is owned by Lukoil Oil.


Production from Pavlovskoye (PEM)

The Pavlovskoye (PEM) conventional oil field recovered 41.14% of its total recoverable reserves, with peak production expected in 2027. The peak production will approximately 15.48 thousand bpd of crude oil and condensate and 6 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065.


Remaining recoverable reserves

The field is expected to recover 103.14 Mmboe, comprised of 95.85 Mmbbl of crude oil & condensate and 43.76 bcf of natural gas reserves. Pavlovskoye (PEM) conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.


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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