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November 26, 2021

Termokarstovoye Conventional Gas Field, Russia

By Carmen

Termokarstovoye is a producing conventional gas field located onshore Russia and is operated by Terneftegas. The field is located in block Termokarstovoye.

Field participation details

The field is owned by Novatek and TotalEnergies.


Production from Termokarstovoye

The Termokarstovoye conventional gas field recovered 26.68% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 16.57 thousand bpd of crude oil and condensate and 241 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2068.


Remaining recoverable reserves

The field is expected to recover 315.39 Mmboe, comprised of 72.36 Mmbbl of crude oil & condensate and 1,458.21 bcf of natural gas reserves. Termokarstovoye conventional gas field reserves accounts 0.10% of total remaining reserves of producing conventional gas 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.

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