Verkhnechonsk field explained

Verkhnechonskoye field
Country:Russia
Region:Eastern Siberia
Location:Kataganskiy district, Irkutsk Oblast
Offonshore:onshore
Operator:Verkhnechonskneftegaz
Partners:TNK-BP (68.51%)
Rosneft (25.94%)
East Siberian Gas Co. (5.48%)
Discovery:1978
Start Development:2002
Start Production:2008
Oil Production Bbl/D:23500
Production Year Oil:2009
Est Oil Bbl:1886
Est Gas Bcm:95.5
Formations:Precambrian formations

The Verkhnechonskoye field is a giant oil field in Eastern Siberia, Russia. The field is located in Kataganskiy district, Irkutsk Oblast, about north-east from Irkutsk. It is considered the largest oil field in Eastern Siberia.

The field was discovered in 1978 and development started in 2002.[1] Pilot operation of the field was started in 2005 and on 15 October 2008, first oil produced at the Verkhnechonskoye field was delivered.[2] As of 2007, total proved reserves of Verkhnechonskoye were of oil equivalent, and proved, possible and probable (3P) reserves amounted to .[3] Natural gas reserves are 95.5 billion cubic meters. In 2009, the field produced through 41 oil wells 1.181 million tons of oil, equal to . The field is operated by Verkhnechonskneftegaz, a joint venture of TNK-BP (68.51%), Rosneft (25.94%), and East Siberian Gas Co. (5.48%).[4]

Produced oil is shipped by an 85km (53miles) pipeline to Surgutneftegaz' Talakan field where it supplied to the Eastern Siberia – Pacific Ocean oil pipeline.[1]

Notes and References

  1. News: TNK-BP and Rosneft Agree Verkhnechonskoe Field Pipeline Route . OilVoice . 2006-09-04 . 2010-06-14.
  2. Web site: Verkhnechonsk . . 2010-06-14 . https://web.archive.org/web/20071223180626/http://www.tnk-bp.com/operations/exploration-production/projects/verkhnechonsk/ . 2007-12-23 . dead .
  3. The Launch of Verkhnechonskoye Field . . 2008-10-15 . 2010-06-14 . https://web.archive.org/web/20110715205000/http://www.rosneft.com/news/today/161020082.html . 2011-07-15 . dead .
  4. News: Output up at Russia's Verkhnechonskoe field . . Oil & Gas Journal . 2010-02-03 . 2010-06-14 . subscription .