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November 25, 2021updated 26 Nov 2021 5:24am

Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi) Conventional Oil Field, Russia

By Carmen

Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi) is a producing conventional oil field located in shallow water in Russia and is operated by Exxon Neftegas. The field is located in block Chaivo, Odoptu-Sea, and Arkutun-Dagi, with water depth of 148 feet.

An expansion project is associated with the Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi), namely Sakhalin-1 Future Phases. This project is currently in the approval stage.

Field participation details

The field is owned by Exxon Mobil, Itochu, Marubeni, Japan Petroleum Exploration, Inpex, Japan Oil, Gas and Metals National, Rosneft Oil and Oil and Natural Gas.


Production from Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi)

The Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi) conventional oil field recovered 49.95% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 255.48 thousand bpd of crude oil and condensate and 232 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 1,136.69 Mmboe, comprised of 985.73 Mmbbl of crude oil & condensate and 905.73 bcf of natural gas reserves. Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi) conventional oil field reserves accounts 0.23% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi) conventional oil field

The key contractors involved in the Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi) project as follows.

Design/FEED Engineering: Ikm Hvac

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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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