OGU Oil & Gas Uzbekistan 2026

Gazprom Neft produces millionth bbl from Prirazlomnoye field

AI Summary

JSC Gazprom Neft reports producing the millionth bbl of oil from the Prirazlomnoye field in the Pechora Sea, 60 km offshore in the Russian Arctic shelf.

Production began in December 2013, and the first delivery of oil by tanker to the global market occurred in April (OGJ Online, Apr. 21, 2014). The company said a second tanker is being loaded for consumers in northwestern Europe, and two additional shipments are expected by yearend, which would bring the total to 2.2 million bbl.

“Gazprom Neft is the first company to extract oil on Russia’s Arctic shelf,” said Alexander Dyukov, chairman of the company’s management board. He said the production milestone is “further proof of the consistent development of the project and its final transition into full-scale development.”

The Prirazlomnoye platform has one production well. An injection well is being drilled. The project will involve 19 production wells, 16 injection wells, and one absorption well.

Oil and gas markets don’t shift gradually — they move in moments. The professionals who see those moments coming don’t have better instincts. They have better information.

The Oil & Gas Advancement briefing delivers that information — covering upstream, midstream, and downstream developments, energy transition strategy, and market intelligence across every major producing region.

  • The stories oil and gas professionals will be discussing tomorrow, in your inbox today
  • Analysis that goes beyond the headline — written for readers who already understand how the market works
  • The briefing that the sector’s most informed professionals open first

SUBSCRIBE OUR NEWSLETTER

WHITE PAPERS

U.S. DOE Confirms Loan of 53.3 Million Barrels to Oil Firms

The United States on 11th May 2026 confirmed plans to lend 53.3 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR)...

RELATED ARTICLES