Arman oil field

Last updated
Arman Oil Field
Country Kazakhstan
Region Mangystau Province
Offshore/onshore onshore
Operator Royal Dutch Shell - 50%, Lukoil - 50%
Field history
Discovery 1994
Start of development 1994
Start of production 1994
Production
Current production of oil 3,800 barrels per day (~1.9×10^5 t/a)
Estimated oil in place 11.5 million tonnes
(~ 13×10^6 m3 or 84 MMbbl)

The Arman Oil Field is an oil field located in Mangystau Province. It was discovered in 1994 and developed by Lukoil. The oil field is operated and owned by Lukoil and Royal Dutch Shell. The total proven reserves of the Arman oil field are around 84 million barrels (11.58×106tonnes), and production is centered on 3,800 barrels per day (600 m3/d). [1]

Lukoil Russian oil company

The PJSC LukoilOil Company is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, and petroleum products. It was formed in 1991 when three state-run, western Siberian companies named after the respective town in Khanty–Mansi Autonomous Okrug that each was based in, Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz, merged. Its name is the combination of the acronym LUK and the English word "oil".

Royal Dutch Shell Anglo-Dutch oil company

Royal Dutch Shell plc, commonly known as Shell, is a British-Dutch oil and gas company headquartered in the Netherlands and incorporated in the United Kingdom. It is one of the six oil and gas "supermajors" and the fifth-largest company in the world measured by 2018 revenues. Shell was first in the 2013 Fortune Global 500 list of the world's largest companies; in that year its revenues were equivalent to 84% of the Dutch national $556 billion GDP.

Related Research Articles

Tengiz Field

Tengiz field is an oil field located in northwestern Kazakhstan's low-lying wetlands along the northeast shores of the Caspian Sea. It covers a 2,500 km2 (970 sq mi) project license area which also includes a smaller Korolev field as well as several exploratory prospects.

The Timan-Pechora Basin is a sedimentary basin located between Timan Ridge and the Ural Mountains in northern Russia. The basin contains oil and gas fields.

West Qurna Field Oil field in Iraq

West Qurna is one of Iraq's largest oil fields, located north of Rumaila field, west of Basra. West Qurna is believed to hold 43 billion barrels of recoverable reserves. The field was closed to Western firms due to years-long sanctions.

Tengizchevroil is a joint venture between Chevron, ExxonMobil, KazMunayGas and LukArco. The joint venture was formed in April 1993, when the Kazakhstan government granted an exclusive 40-year right to Tengizchevroil LLP (TCO) to develop the Tengiz and Korolevskoye oil fields located in the north-eastern reaches of the Caspian Sea in Kazakhstan.

China National Petroleum Corporation Chinese state-owned oil and gas corporation

The China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China PR and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth in 2017 Fortune Global 500, a global ranking of the largest corporations by revenue.

Karachaganak Field

Karachaganak Field is a gas condensate field in Kazakhstan. It is located about 23 kilometres (14 mi) east of Aksai (Aksai) in the northwest of Kazakhstan. The field was once a massive Permian and Carboniferous reef complex covering an area 30 by 15 square kilometres. At its largest point the reservoir contains a gas column 1,450 metres (4,760 ft) deep with a 200 metres (660 ft) deep oil rim below it. It is estimated to contain 1.2 trillion cubic metres of gas and one billion tonnes of liquid condensate and crude oil. Discovered in 1979, it began production under Karachaganckgazprom, a subsidiary of Gazprom. Kazakhgas took over operatorship after the independence of Kazakhstan in 1992. In 1992, AGIP and the then British Gas were awarded the sole negotiating rights, forming a partnership company. In 1997, Texaco and Lukoil signed a production sharing agreement with the original two companies and the Kazakhstan Government. This is a 40-year agreement to develop the field to allow the production to reach world markets. This is done under a partnership company known as Karachaganak Petroleum Operating (KPO) where Royal Dutch Shell and ENI are joint operators with a 29.25% stake each in the company, with Chevron and Lukoil owning 18% and 13.5% respectively. In September 2009 the KPO filed an arbitration case against Kazakhstan. President Nursultan Nazarbayev appointed Maksat Idenov to lead the negotiations, after which the arbitration was suspended towards an amicable settlement of the dispute and KazMunayGas engaged in entrance into the project in 2010. Under the terms of an agreement reached on December 14, 2011, the Republic of Kazakhstan has acquired through KazMunayGas a 10% stake for $2 billion cash and $1 billion non-cash consideration.

The Caspian Pipeline Consortium is a consortium and a pipeline to transport Caspian oil from Tengiz field to the Novorossiysk-2 Marine Terminal on Russia's Black Sea coast. It is also a major export route for oil from the Kashagan and Karachaganak fields. As of 2009, the CPC pipeline is the only oil export pipeline in Russian territory not wholly owned by Transneft.

Petroleum industry in Russia

The petroleum industry in Russia is one of the largest in the world. Russia has the largest reserves and is the largest exporter of natural gas. It has the second largest coal reserves, the eighth largest oil reserves, and is one of the largest producers of oil. It is the third largest energy user.

Zhanazhol Field is an oil field located in the northwestern region of the Republic of Kazakhstan. It was discovered in the 1960 and have been in production since 1987. Zhanazhol crude oil has a high mercaptan and hydrogen sulfide content.

LukArco B.V. is a subsidiary of the Russian oil company Lukoil. It was formed in February 1997 as a joint venture between Lukoil and the former American oil company ARCO. In 2000, Arco merged with the UK oil company BP, and since BP became a shareholder of LukArco with 46% shares. In December 2009, BP sold its stake to Lukoil and thereafter Lukoil became a sole shareholder of LukArco.

The Khvalynskoye gas field is a conventional gas condensate field located in the Kazakhstan's sector in the northern part of the Caspian Sea. It lies about 260 kilometres (160 mi) from Astrakhan at a sea depth of 25 to 30 metres. The operator of the project is Lukoil with 50% stake. Other partners are KazMunayGas (25%), Total S.A. (17%), and GDF Suez (8%).

Trebs and Titov oil fields

Trebs and Titov oil fields is a complex of Arctic oil fields in the Timan-Pechora Basin in Nenets Autonomous Okrug, Russia.

Energy in Iraq

Primary energy use in 2009 in Iraq was 374 TWh and 13 TWh per million persons.

The Yaregskoye Oil Field is an oil field located in Komi Republic. It was discovered in 1994 and developed by Lukoil. The oil field is operated and owned by Lukoil. The total proven reserves of the Yaregskoye oil field are around 318 million barrels (42.7×106tonnes), and production is centered on 10,000 barrels per day (1,600 m3/d).

The Usinskoye Oil Field is an oil field located in Komi Republic of Russia. It was discovered in 1977 and developed by Lukoil. The oil field is operated and owned by Lukoil. The total proven reserves of the Usinskoye oil field are around 430 million barrels (57.7×106tonnes), and production is centered on 10,000 barrels per day (1,600 m3/d).

The Filanovsky Oil Field is an oil field located in the Caspian Sea. It was discovered in 1994 and developed by Lukoil. The oil field is owned and operated by Lukoil. The total proven reserves of the Filanovsky oil field are around 1.27 billion barrels (170×106 tonnes), and production is centered on 160,000 barrels per day (25,000 m3/d).

The Karazhanbas Oil Field is an oil field located in Mangystau Province in Kazakhstan. It was discovered in 1984 and developed by CITIC Resources. The oil field is operated and owned by CITIC Resources. The total proven reserves of the oil field are around 135 million barrels (18×106tonnes), and production is centered on 18,600 barrels per day (2,960 m3/d).

The Yuzhno Khilchuyu Oil Field is an oil field located in Timan-Pechora Basin. It was discovered in 2008 and developed by Lukoil. The oil field is operated and owned by Lukoil. The total proven reserves of the Yuzhno Khilchuyu oil field are around 1.58 billion barrels (214×106tonnes), and production is centered on 67,000 barrels per day (10,700 m3/d).

The Junín-3 Oil Field is an oil field located in the Orinoco Belt. It was discovered in 2009 and developed by PDVSA. The oil field is operated and owned by PDVSA. The total proven reserves of the Junín-3 oil field are around 4.26 billion barrels (677,000,000 m3), and production is centered on 200,000 barrels per day (32,000 m3/d).

References