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Russia: Sakhalin 1 Project

日本語English

This is a project to develop and produce oil and natural gas in the Chayvo, Odoptu, and Arkutun-Dagi fields off the east coast of Sakhalin Island, Russia, with Exxon Neftegas Ltd. as an operator.

JAPEX invests in Sakhalin Oil and Gas Development Co., Ltd. (SODECO), which is a member of the Sakhalin-1 Project.

Overview

  • In production: crude oil and natural gas

sakhalin1_facility.jpg

Offshore production facility of Arkutun-Dagi

Basic Information

  • Name: Chayvo, Odoptu and Arkutun-Dagi
  • Location: Offshore Northeast coast of Sakhalin, Russia
  • Operator: Exxon Neftegas Ltd.
  • Project Company: Sakhalin Oil and Gas Development Co., Ltd. (SODECO: JAPEX equity-method affiliate, JAPEX investment ratio 15.285%)
  • Participating Interest: Exxon Neftegas Ltd.(30%), SODECO (30% / JAPEX net 4.59%), ONGC Videsh Ltd.(20%, Sakhalinmorneftegas-Shelf (11.5%, RN-Astra(8.5%

sakhalin1_map_e.png

Location of Sakhalin1 (Offshore Northeast coast of Sakhalin, Russia)

History

  • June 1995: A production sharing agreement (PSA) was signed between the Russian government and the participating companies.
  • October 2005: Started crude oil production at the Chayvo oil and gas field.
  • September 2010: Started crude oil production at the Odoptu oil and gas field.
  • January 2015: Started crude oil production at the Arkutun Dagi oil and gas field.

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