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November 29, 2021updated 27 Apr 2022 12:50pm

Yugomashevskoye Heavy Oil Field, Russia

By Carmen

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 42.69% 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 2085.


Remaining recoverable reserves

The field is expected to recover 87.14 Mmboe, comprised of 85.58 Mmbbl of crude oil & condensate and 9.4 bcf of natural gas reserves. Yugomashevskoye heavy oil field reserves accounts 0.20% of total remaining reserves of producing heavy oil fields globally.


About Bashneft

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.

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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