Geofizicheskoye is a conventional gas development located onshore Russia and is operated by Arctic LNG 1. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Geofizicheskoye was discovered in 1975, lies in block Geofizichesky. Buy the profile here.
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The project is currently in construction stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project was approved in 2019. The development cost is expected to be $23,766 m.
Field participation details
The field is owned by Novatek.
Production from Geofizicheskoye
Production from the Geofizicheskoye conventional gas development project is expected to begin in 2027 and is forecast to peak in 2030, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2087.
For more details on the Geofizicheskoye Conventional Gas Field, buy the profile here.
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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.
