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December 7, 2021updated 27 Apr 2022 12:53pm

Volostnovskoye Conventional Oil Field, Russia

By Carmen

Volostnovskoye is a producing conventional oil field located onshore Russia and is operated by Orenburgneft. The field is located in block Volostnovsky.

Field participation details

The field is owned by Rosneft Oil.


Production from Volostnovskoye

The Volostnovskoye conventional oil field recovered 17.80% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 5.93 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2085.


Remaining recoverable reserves

The field is expected to recover 40.65 Mmboe, comprised of 40.65 Mmbbl of crude oil & condensate. Volostnovskoye conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About Orenburgneft

Orenburgneft (Orenburgneft), a subsidiary of Rosneft Oil Co, is engaged in the extraction and processing of oil and gas. The company also engaged in the reconstruction of operating gas pipelines and compressor stations. It also involved in producing hydrocarbon, crude oil, 2D seismic, 3D seismic and exploration of drilling. The company’s offshore project areas include Western Arctic, Far East, Eastern Arctic, and Russian Southern Seas. Orenburgneft is headquartered in Orenburg, 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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