Sugmutskoye is a producing conventional oil field located onshore Russia and is operated by Gazprom Neft-Noyabrskneftegaz . The field is located in block Sugmutsky.

An expansion project is associated with the Sugmutskoye, namely Sugmutskoye Stage 2. This project is currently in the approval stage.

Field participation details

The field is owned by Gazprom .


Production from Sugmutskoye

The Sugmutskoye conventional oil field recovered 89.74% of its total recoverable reserves, with peak production in 2004. The peak production was approximately 192.66 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033.


Remaining recoverable reserves

The field is expected to recover 72.29 Mmboe, comprised of 34.79 Mmbbl of crude oil & condensate and 224.97 bcf of natural gas reserves. Sugmutskoye conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.


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.