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December 8, 2021

Untygeyskoye Conventional Oil Field, Russia

By Carmen

Untygeyskoye is a producing conventional oil field located onshore Russia and is operated by CanBaikal Resources. The field is located in block Untygeysky.

Field participation details

The field is owned by Neftisa.


Production from Untygeyskoye

The Untygeyskoye conventional oil field recovered 34.53% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 13.49 thousand bpd of crude oil and condensate and 3 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2064.


Remaining recoverable reserves

The field is expected to recover 68.89 Mmboe, comprised of 65.94 Mmbbl of crude oil & condensate and 17.72 bcf of natural gas reserves. Untygeyskoye conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About CanBaikal Resources

CanBaikal Resources (CanBaikal) is an oil and gas company. The company is dealing in the exploration and development of oil and gas properties. The company has its operation in Russia through its branch in Nefteyugansk. In 2005, the company had drilled 4 production wells on Untygei oil field which added to the company’s production to about 3,000 tons per month. CanBaikal Resources Inc. is headquartered at Nefteyugansk, Khanty-Mansi Autonomous Okrug, 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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