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November 25, 2021updated 27 Apr 2022 12:40pm

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, Oil and Natural Gas, Rosneft Oil, Japan Oil, Gas and Metals National, Japan Petroleum Exploration, Itochu, Marubeni and Inpex.


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

The Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi) conventional oil field recovered 52.78% 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 2057. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 1,092.51 Mmboe, comprised of 923.96 Mmbbl of crude oil & condensate and 1,011.26 bcf of natural gas reserves. Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi) conventional oil field reserves accounts 0.24% 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

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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