Vatinskoye is a producing conventional oil field located onshore Russia and is operated by Slavneft -Megionneftegaz. The field is located in block Vatinsky.
Production from Vatinskoye
The Vatinskoye conventional oil field recovered 67.21% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 114.24 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051.
Remaining recoverable reserves
The field is expected to recover 250.38 Mmboe, comprised of 250.17 Mmbbl of crude oil & condensate and 1.25 bcf of natural gas reserves. Vatinskoye conventional oil field reserves accounts 0.05% of total remaining reserves of producing conventional oil fields globally.
Slavneft-Megionneftegaz (Megionneftegaz), a subsidiary of Slavneft, is an oil and gas company that operates oil fields. The company’s activities include appraisal of oil and gas fields, oil and gas production, and well drilling and operation. Megionneftegaz develops and introduces advanced technologies to improve the efficiency of difficult-to-recover reserves extraction, increase the reservoir recovery and ensure additional oil production. The company holds licenses for exploration, development and oil and gas production at subsoil areas. Megionneftegaz operates in license areas to provide services for prospecting and industrial exploitation. The company produces oil in the Nizhnevartovsk and Surgut regions of Khanty-Mansi Autonomous Area. Megionneftegaz is headquartered in Megion, Russia.
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.