Sabanchinskoye is a producing conventional oil field located onshore Russia and is operated by Tatneft. The field is located in block Sabanchinsky.
Field participation details
The field is owned by Tatneft.
Production from Sabanchinskoye
The Sabanchinskoye conventional oil field recovered 66.80% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 64.46 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2048.
Remaining recoverable reserves
The field is expected to recover 72.5 Mmboe, comprised of 72.5 Mmbbl of crude oil & condensate. Sabanchinskoye conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
About Tatneft
Tatneft is an integrated oil and gas company. It explores for, develops and produces crude oil and natural gas mainly in the Tatarstan. The company refines crude oil and markets petroleum products. Tatneft also manufactures petrochemicals and has operations in heat and power generation. The company operates a tire manufacturing complex and network of retail fuel filling stations and has interest in the financial services business. The company also provides ancillary services such as sales of oilfield equipment and drilling to others. It markets petroleum products in Russia, Belarus, Ukraine, Germany, Switzerland, the Netherlands and the UK. Tatneft is headquartered in Almetyevsk, Tatarstan, Russia.
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.