Yugomashevskoye is a producing heavy oil field located onshore Russia and is operated by Bashneft. The field is located in block Yugomashevsky and Shulganovsky (UFA 00948 NR).
Field participation details
The field is owned by Rosneft Oil.
Production from Yugomashevskoye
The Yugomashevskoye heavy oil field recovered 41.16% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 16.5 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 2078.
Remaining recoverable reserves
The field is expected to recover 88.56 Mmboe, comprised of 86.89 Mmbbl of crude oil & condensate and 10.02 bcf of natural gas reserves. Yugomashevskoye heavy oil field reserves accounts 0.19% of total remaining reserves of producing heavy oil fields globally.
Bashneft, a subsidiary of Rosneft Oil Co is a vertically integrated oil and gas company. It explores, produces, refines, production, markets and distributes oil and petroleum products. The company sells crude oil, petroleum products and petrochemical products to the domestic market. Its asset base includes oil and gas fields, refineries and petrol stations. The company primarily operates in Russia and participates in joint overseas geological exploration projects in Iraq and Myanmar as an operator. It has oil reserves and resource base in major oil-producing regions, Volga-Urals province, Timan-Pechora and Western Siberia in Russia. Bashneft is headquartered in Ufa, 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.