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December 8, 2021

Sakhalin 3 (Kirinskoye South (Yuzhno-Kirinskoye)) Conventional Gas Field, Russia

By Carmen

Sakhalin 3 (Kirinskoye South (Yuzhno-Kirinskoye)) is a conventional gas development located in shallow water in Russia and is operated by Gazprom. Discovered in 2010, Sakhalin 3 (Kirinskoye South (Yuzhno-Kirinskoye)) lies in block Kirinsky.

The project is currently in construction stage and is expected to start commercial production in 2023. The Sakhalin 3 (Kirinskoye South (Yuzhno-Kirinskoye)) conventional gas development will involve the drilling of approximately 37 wells.

Field participation details

The field is owned by Gazprom.


Production from Sakhalin 3 (Kirinskoye South (Yuzhno-Kirinskoye))

Production from the Sakhalin 3 (Kirinskoye South (Yuzhno-Kirinskoye)) conventional gas development project is expected to begin in 2023 and is forecast to peak in 2034, to approximately 79,989 bpd of crude oil and condensate and 2005 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2068.


Remaining recoverable reserves

The field is expected to recover 4,136.59 Mmboe, comprised of 793.29 Mmbbl of crude oil & condensate and 20,059.78 bcf of natural gas reserves.


Contractors involved in the Sakhalin 3 (Kirinskoye South (Yuzhno-Kirinskoye)) conventional gas field

Some of the key contractors involved in the Sakhalin 3 (Kirinskoye South (Yuzhno-Kirinskoye)) project as follows.

Other Contractors: Gazprom, Marine Arctic Geological Expedition, NewTech Services and Pacific Engineering

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About Gazprom

Gazprom is an integrated global oil and gas company. It carries out the exploration, production, transportation, storage, processing and marketing of natural gas, gas condensate and crude oil. The company also sells gas as a vehicle fuel and participates in the generation and marketing of heat and electricity. It owns the gas trunk lines integrated in the Unified Gas Supply System (UGSS) of Russia. The company sells more than half of overall gas produced in Russia and exports gas to countries within and outside the former Soviet Union. It also produces and exports liquefied natural gas. Gazprom is headquartered in Moscow, 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.

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