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November 29, 2021

Velichayevsko-Kolodeznoye Conventional Oil Field, Russia

By Carmen

Velichayevsko-Kolodeznoye is a producing conventional oil field located onshore Russia and is operated by RN-Stavropolneftegaz. The field is located in block Velichaevsko-Kolodeznoye.

Field participation details

The field is owned by Rosneft Oil.


Production from Velichayevsko-Kolodeznoye

The Velichayevsko-Kolodeznoye conventional oil field recovered 52.45% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 5.14 thousand bpd of crude oil and condensate and 2 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2059.


Remaining recoverable reserves

The field is expected to recover 26.15 Mmboe, comprised of 24.42 Mmbbl of crude oil & condensate and 10.41 bcf of natural gas reserves. Velichayevsko-Kolodeznoye conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About RN-Stavropolneftegaz

RN-Stavropolneftegaz (Stavropolneftegaz), a subsidiary of Rosneft Oil Company is an oil and gas company that explores and produces hydrocarbons, petroleum products and petrochemicals. The company offers prospecting and exploration of hydrocarbon deposits and oil and gas; gas condensate production, upstream offshore projects, processing, and product marketing services. It uses 2D and 3D seismic surveying techniques. Stavropolneftegaz transports crude oil to Transneft’s transshipment hub through Transneft’s Black Sea terminals or the CPC pipelines. The company has two plants to prepare, compress and process gas extracted in Samara region. It has production and development units in Yuganskneftegaz, Purneftegaz, Vankorneft and Samaraneftegaz. Stavropolneftegaz is headquartered in Neftekamsk, 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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