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November 30, 2021

Varyeganskoye Conventional Oil Field, Russia

By Carmen

Varyeganskoye is a producing conventional oil field located onshore Russia and is operated by Varyeganneft. The field is located in block Varyegansky.

Field participation details

The field is owned by NK RussNeft and othres.


Production from Varyeganskoye

The Varyeganskoye conventional oil field recovered 94.94% of its total recoverable reserves, with peak production in 1986. The peak production was approximately 375.09 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 79.25 Mmboe, comprised of 52.2 Mmbbl of crude oil & condensate and 162.33 bcf of natural gas reserves. Varyeganskoye 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.

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