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December 1, 2021updated 27 Apr 2022 12:20pm

Varyeganskoye North (Severo-Varyeganskoye) Conventional Oil Field, Russia

By Carmen

Varyeganskoye North (Severo-Varyeganskoye) is a producing conventional oil field located onshore Russia and is operated by Varyeganneftegaz. The field is located in block Varyegansky North (Severo-Varyegansky).

Field participation details

The field is owned by Rosneft Oil.


Production from Varyeganskoye North (Severo-Varyeganskoye)

The Varyeganskoye North (Severo-Varyeganskoye) conventional oil field recovered 50.29% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 6.09 thousand bpd of crude oil and condensate and 101 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053.


Remaining recoverable reserves

The field is expected to recover 106.34 Mmboe, comprised of 21.9 Mmbbl of crude oil & condensate and 506.65 bcf of natural gas reserves. Varyeganskoye North (Severo-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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