The total crude Oil and condensate production of Former Soviet Union (FSU) increased by 3.9% in 2023 when compared with 2022. The largest Oil producing countries in FSU are Russia, Kazakhstan and Azerbaijan. Through to 2030, annual crude Oil and condensate production is forecasted to decrease by a CAGR of 0.47%. GlobalData uses proprietary data and analytics to provide a complete picture of the total FSU Oil & gas fields segment. Buy the latest oil & gas fields profiles here.
In 2023, Russia had the highest crude Oil production, followed by Kazakhstan and Azerbaijan. Here are the 10 largest crude Oil fields in FSU by production in 2023, according to GlobalData’s Oil & Gas, Upstream Fields Database.
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1. Tengiz Project (Tengiz and Korolevskoye)
Tengiz Project (Tengiz and Korolevskoye) is located in Atyrau Oblast, Kazakhstan. This crude Oil field is owned by Chevron Corp (50.00%), Exxon Mobil Corp (25.00%), Lukoil Oil Co (5.00%), National Company KazMunayGas (20.00%) and operated by Tengizchevroil LLP. The field produced 0.63mmbpd in 2023 and recovered 46% of its total recoverable crude Oil and condensate reserves, with peak production in 2026. The peak production is expected approximately at 0.839mmbpd of crude Oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. The field currently accounts for approximately 4.5% of the total FSU daily crude Oil and condensate output. Buy the profile here.
2. Priobskoye (Northern Part)
Priobskoye (Northern Part) is located in Khanty-Mansi Autonomous Okrug, Russia. This crude Oil field is owned by Rosneft Oil Co (100.00%) and operated by RN-Yuganskneftegaz. The field produced 0.43mmbpd in 2023 and recovered 72.67% of its total recoverable crude Oil and condensate reserves, with peak production in 2009. The peak production was approximately at 0.67mmbpd of crude Oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 3.09% of the total FSU daily crude Oil and condensate output. Buy the profile here.
3. Azeri-Chirag-Guneshli
Azeri-Chirag-Guneshli is located in Caspian Sea, Azerbaijan. This crude Oil field is owned by BP Plc (30.37%), Equinor ASA (7.27%), Exxon Mobil Corp (6.79%), Inpex Corp (9.31%), Itochu Corp (3.65%), MOL Hungarian Oil and Gas Plc (9.57%), Oil and Natural Gas Corp Ltd (2.31%), State Oil Company of the Azerbaijan Republic (25.00%), Turkiye Petrolleri Anonim Ortakligi (5.73%) and operated by BP Exploration (Caspian Sea). The field produced 0.36mmbpd in 2023 and recovered 60.92% of its total recoverable crude Oil and condensate reserves, with peak production in 2010. The peak production was approximately at 0.822mmbpd of crude Oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 2.60% of the total FSU daily crude Oil and condensate output Buy the profile here.
4. Vankorskoye (Vankorskaya Area)
Vankorskoye (Vankorskaya Area) is located in Krasnoyarsk Krai, Russia. This crude Oil field is owned by Bharat Petroleum Corp Ltd (7.90%), Indian Oil Corp Ltd (8.00%), Oil and Natural Gas Corp Ltd (26.00%), Oil India Ltd (8.00%), Rosneft Oil Co (42.59%), Others (7.51%) and operated by Vankorneft. The field produced 0.226mmbpd in 2023 and recovered 25.53% of its total recoverable crude Oil and condensate reserves, with peak production in 2015. The peak production was approximately at 0.369 mmbpd of crude Oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2084. The field currently accounts for approximately 1.63% of the total FSU daily crude Oil and condensate output. Buy the profile here.
5. Samotlorskoye
Samotlorskoye is located in Khanty-Mansi Autonomous Okrug, Russia. This crude Oil field is owned by Rosneft Oil Co (100.00%) and operated by Samotlorneftegaz. The field produced 0.323mmbpd in 2023 and recovered 90.34% of its total recoverable crude Oil and condensate reserves, with peak production in 1980. The peak production was approximately at 3.25mmbpd of crude Oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2050. The field currently accounts for approximately 2.32% of the total FSU daily crude Oil and condensate output. Buy the profile here.
6. Romashkinskoye
Romashkinskoye is located in Tatarstan, Russia. This crude Oil field is owned by Tatneft (100.00%) and operated by Tatneft. The field produced 0.28mmbpd in 2023 and recovered 92.64% of its total recoverable crude Oil and condensate reserves, with peak production in 1969. The peak production was approximately at 1.65 mmbpd of crude Oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2046. The field currently accounts for approximately 2.05% of the total FSU daily crude Oil and condensate output. Buy the profile here.
7. Kashagan
Kashagan is located in Caspian Sea, Kazakhstan. This crude Oil field is owned by China National Petroleum Corp (8.33%), Eni SpA (16.81%), Exxon Mobil Corp (16.81%), Inpex Corp (7.56%), National Company KazMunayGas (16.87%), Shell plc (16.81%), TotalEnergies SE (16.81%) and operated by North Caspian Operating Co BV. The field produced 0.36mmbpd in 2023 and recovered 17.73% of its total recoverable crude Oil and condensate reserves, with peak production in 2025. The peak production is expected approximately at 0.438mmbpd of crude Oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2074. The field currently accounts for approximately 2.65% of the total FSU daily crude Oil and condensate output. Buy the profile here.
8. Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi)
Sakhalin 1 (Chaivo, Odoptu, and Arkutun-Dagi) is located in Okhotsk Sea Shelf, Russia. This crude Oil field is owned by Rosneft Oil Co (20.00%), Sakhalin-1 (30.00%), Oil and Natural Gas Corp Ltd (20.00%), Marubeni Corp (3.70 %), Itochu Corp (4.89%), Japan Oil, Gas and Metals National Corp (15.50%), Inpex Corp (1.82%), Japan Petroleum Exploration Co Ltd (4.59%) and operated by Sakhalin-1. The field produced 0.19mmbpd in 2023 and recovered 70.02% of its total recoverable crude Oil and condensate reserves, with peak production in 2019. The peak production was approximately at 0.25mmbpd of crude Oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 1.37% of the total FSU daily crude Oil and condensate output. Buy the profile here.
9. Fedorovskoye
Fedorovskoye is located in Khanty-Mansi Autonomous Okrug, Russia. This crude Oil field is owned by Surgutneftegas (100.00%) and operated by Surgutneftegas. The field produced 0.213mmbpd in 2023 and recovered 89.19% of its total recoverable crude Oil and condensate reserves, with peak production in 1983. The peak production was approximately at 0.703mmbpd of crude Oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2044. The field currently accounts for approximately 1.53% of the total FSU daily crude Oil and condensate output. Buy the profile here.
10. Priobskoye (Southern Part)
For more details on the upstream fields, buy the profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
