Povkhovskoye is a producing conventional oil field located onshore Russia and is operated by Lukoil-Western Siberia. The field is located in block Povkhovsky.

Field participation details

The field is owned by Lukoil Oil.


Production from Povkhovskoye

The Povkhovskoye conventional oil field recovered 91.33% of its total recoverable reserves, with peak production in 1987. The peak production was approximately 229.39 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034.


Remaining recoverable reserves

The field is expected to recover 168.17 Mmboe, comprised of 152.81 Mmbbl of crude oil & condensate and 92.19 bcf of natural gas reserves. Povkhovskoye conventional oil field reserves accounts 0.04% 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.