Of 17.2 billion tonnes of oil in Russia's largest fields, at least 5.7 billion tonnes are not worth extracting, according to a government agency. According to Russian Natural Resources Minister Sergey Donskoy, as of 1 January 2012, recoverable reserves of oil in Russia under category ABC1 (equivalent to proven reserves) were 17.8 billion tons and category C2 reserves (equivalent to probable and possible) were 10.9 billion tons. [3], In 2007, Russia produced roughly 9.8 million barrels per day (1.56×10^6 m3/d) of liquids, consumed roughly 2.8 million barrels per day (450×10^3 m3/d) in liquids, and exported (in net) around 7 million barrels per day (1.1×10^6 m3/d). "The main intention of Arctic oil is to replace production of some of the more mature Russian fields," said Kapustin. [1] In July 2013, the Russian Natural Resources Ministry made official estimates of reserves available for the first time. Russia - Geology, Oil and Gas Fields - Clickable Map (USGS) Russia - Pipelines (BBC News) [Russia to Europe] Existing and Planned Natural Gas Pipelines to Europe (PCL Map Collection) from U.S. Energy Information Administration, Country Analysis Briefs, Major Russian Oil and Natural Gas Pipeline Projects, March 2005 (183K) gas pipeline that will double the capacity of the existing undersea route from Russian fields to Europe -- the original Nord Stream -- which opened in 2011. On 29 September 2014, President of the Union of Oil and Gas Producers of Russia Gennady Shmal told a press conference that Russia's discovered oil reserves (ABC1) stand at 17.8 billion tons (17.8 * 1012 m3). The nation has … The key to its continued growth in liquids production is the development of its giant Tengiz, Karachaganak, and Kashagan fields. Turkmen gas distance. Higher world oil prices, the use of Japanese technology, and the rejuvenation of old oil fields also helped. 4.8% of the world's total oil reserves of 1,650,585,140,000 barrels.Russia has proven reserves equivalent to 60.4 times its annual consumption. Ukraine’s major oil and gas fields that have more than 500 million barrels of recoverable oil or gas. [2], Farman Salmanov was an Azerbaijani geologist famous for discovering great oil fields in Western Siberia in Tyumen Oblast in 1961, Following the collapse of the Soviet Union, Russia's petroleum output fell sharply, and has rebounded only in the last several years. A turnaround in Russian oil output began in 1999, which many analysts attribute to the privatization of the industry. [10] The Russian designation ABC1 corresponds to proved reserves (proved developed producing, proved developed nonproducing, and proved undeveloped), while C2 corresponds to probable and possible reserves. Energy Disruptions 1. A detailed map showing the oil and gas infrastructure of Russia and Central & Eastern Europe (in Russian). This is a list of countries by proven oil reserves . Significant reserves of tight oil such as contained in the Bazhenov Formation are believed to exist in western Siberia. The ABC1 classification is based on the Russian system, and is that system's closest equivalent to the Society of Petroleum Engineers (SPE) proven reserves. Gazprom owns the joint Russian … One prong was into the Baltic states and then toward Leningrad (modern day St. Petersburg), the second was toward Moscow, and the third was into the south in order to capture Ukraine and then the Caucasus. Afterwards, they would have to get the wells back into production, develop the transportation system to get the oil to refineries and then develop the transportation network to deliver the oil to where it was needed. Gazprom Pipelines in the FSU. This list of oil fields includes some major oil fields of the past and present.. Barbarossa was a three-pronged attack. Oil has been extracted since ancient times, primarily for construction and medical purposes. By 2011, Russian oil production had increased to 10.54 million barrels per day (1.676×10^6 m3/d). As for the modern petroleum industry, it was born in the Russian Empire: the world’s first oil … [11], "Russia Reveals Official Data on Oil and Hydrocarbon Reserves for the First Time", Commentary Oil: What's Russia Really Sitting On, "Russian leaders pledge to stimulate oil production", "OPEC Oil Production Dips Despite Surge in Saudi Arabia's Output", "Uncertainties About Russian Reserves and Future Production", "TASS: Economy - Russia's discovered oil reserves stand at 17.8 billion tons – official", Tractor, timber and agricultural machinery, Federal Compulsory Medical Insurance Fund, International Association of Oil & Gas Producers, https://en.wikipedia.org/w/index.php?title=Oil_reserves_in_Russia&oldid=996128662, Creative Commons Attribution-ShareAlike License, This page was last edited on 24 December 2020, at 18:18. The Russian government proposed tax cuts on oil in an attempt to stimulate production.[6]. Share locations of oil spills, poor air quality, pipeline leaks & fracking issues. ; Russia consumes 1.05 gallons of oil per capita every day (based on the 2016 population of 145,275,383 people), or 383 gallons per capita per year (9 barrels). This means that, without Net Exports, there would be about 60 years of oil left (at current consumption levels and excluding unproven reserves). Pipeline Ruptures. By 2007 Russian production had recovered to 9.8 million barrels per day (1.56×10^6 m3/d), but was growing at a slower rate than 2002–2004. The oil fields are concentrated in the province of Deir al-Zour, in eastern Syria, near the Iraqi border, and Hassakeh in the north-east. Most estimates included only Western Siberian reserves, which have been exploited since the 1970s and supply two-thirds of Russian oil. 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