Vareyagskoye is a producing conventional oil field located onshore Russia and is operated by Sibintek Enterprise Intensive Technologies. The field is located in block Pogranichny (TYuM).
Field participation details
The field is owned by Neftisa.
Production from Vareyagskoye
The Vareyagskoye conventional oil field recovered 31.55% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 14.01 thousand bpd of crude oil and condensate and 1 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2063.
Remaining recoverable reserves
The field is expected to recover 63.64 Mmboe, comprised of 62.94 Mmbbl of crude oil & condensate and 4.19 bcf of natural gas reserves. Vareyagskoye conventional oil field reserves accounts 0.01% 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.