Gazprom Moves Launch Date for Arctic Field

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Gazprom has moved the planned launch date for the 32 Bcm/yr Kharasaveiskoye gas field in the Russian Arctic to 2024 from 2023. Production from the Cenomanian-Aptian deposits of the field will start in 2024, with plateau to be reached in 2026, Deputy CEO Vitaly Markelov told an in-house magazine last week without providing the reason behind the change. Gazprom had previously planned to reach the plateau in 2025, while in 2026 it had planned to start producing gas from the deeper Neocomian-Jurassic deposits, where the 24.5 Bcm/yr plateau was expected in 2029. Markelov did not provide an updated plan for the Neocomian-Jurassic deposits (NC Jun.18'20). Kharasaveiskoye will be the second producing field of Gazprom’s Yamal megaproject after the giant Bovanenkovskoye already producing more than 90 Bcm/yr. Gazprom started drilling production wells at Kharasaveiskoye last year. Bovanenkovskoye will reach the design capacity of 115 Bcm/yr from Cenomanian-Aptian layers in 2022-23, Markelov said, although the previous plan was to reach it in 2021-22. The Yamal megaproject is aimed to create a new key production center on Yamal Peninsula in the Arctic to replace mature fields of the Nadym-Pur-Taz area in West Siberia in the long term. After Kharasaveiskoye, Gazprom plans to launch the 33 Bcm/yr Kruzenshternskoye field in 2028, Markelov reiterated. Gazprom continues design work for the field, after which it will be clear when the field will reach the planned plateau, he said.

Wanda Ad #2 (article footer)
China's August oil demand picked up slightly from a five-month low in July. January-August oil demand rose 13% versus the same period of 2022.
Mon, Sep 25, 2023
Egypt has launched a new upstream bid round for 23 blocks as it faces amid a looming gas supply crunch.
Mon, Sep 25, 2023