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November 24, 2021updated 27 Apr 2022 12:20pm

Salym Project Conventional Oil Field, Russia

By Carmen

Salym Project is a producing conventional oil field located onshore Russia and is operated by Salym Petroleum Development . The field is located in block Salymsky West (Zapadno-Salymsky), Vadelypskoye, and Verkhne-Salymskoye.

An expansion project is associated with the Salym Project, namely Salym Southern Hub Project. This project is currently in the construction stage.

Field participation details

The field is owned by Shell and Gazprom .


Production from Salym Project

The Salym Project conventional oil field recovered 59.51% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 167.01 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2061.


Remaining recoverable reserves

The field is expected to recover 484.92 Mmboe, comprised of 484.92 Mmbbl of crude oil & condensate. Salym Project conventional oil field reserves accounts 0.11% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Salym Project conventional oil field

Some of the key contractors involved in the Salym Project project as follows.

Other Contractors: Baker Hughes , Halliburton , NewTech Services, PenzTyazhPromArmatura and PNG Drilling

About Salym Petroleum Development

Salym Petroleum Development NV (Salym) is an oil and gas company that offers oilfield services. The company’s activities include construction of wells, drilling of wells, exploration of wells, well testing, oil production, gas utilization, extraction and transportation of oil, disposal of associated gas, and others. It offers process solutions in well construction, oil production, industrial safety, environmental protection, personnel learning and development, and others. Salym also drills multi-lateral uncased wells using new generation logging systems, assemblies for multistage fracs, and coiled tubing units. The company operates its oil fields located in Western Siberia. It operates offices in Moscow, Khanty-Mansiysk, Nefteyugansk, Tyumen and Salym, Russia. Salym is headquartered in Moscow City, 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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