Tuapse field

Offshore oil field in Black Sea


title: "Tuapse field" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["black-sea-energy", "oil-fields-of-russia"] description: "Offshore oil field in Black Sea" topic_path: "geography/russia" source: "https://en.wikipedia.org/wiki/Tuapse_field" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Offshore oil field in Black Sea ::

::data[format=table title="Infobox oil field"]

FieldValue
nameTuapse field
countryRussia
locationBlack Sea
offonshoreoffshore
location_mapRussia
coordinates
operatorRosneft
partnersRosneft
ExxonMobil
est_oil_bbl7200
::

| name = Tuapse field | image = | caption = | country = Russia | region = | location = Black Sea | block = | offonshore = offshore | location_map = Russia | location_map_width = | location_map_text = | relief = | coordinates = | coordinates_ref = | operator = Rosneft | owner = | partners = Rosneft ExxonMobil | contractors = | discovery = | start_development = | start_production = | peak_year = | abandonment = | peak_of_production_oil_bbl/d = | peak_of_production_oil_tpy = | oil_production_bbl/d = | oil_production_tpy = | production_year_oil = | est_oil_bbl = 7200 | est_oil_t = | recover_oil_bbl = | recover_oil_t = | est_gas_bft = | est_gas_bcm = | recover_gas_bcm = | formations = The Tuapse field is a large offshore oil field located in the Black Sea, roughly 4,300 mi2 in size and between 1000 and underwater, containing between 2.2 and of oil.

History

In August 2003, Rosneft was awarded a license to explore the field, allowing the company to carry out surveys and small-scale exploratory drilling.

In February 2011, Rosneft and ExxonMobil reached a preliminary agreement to develop the field; the agreement was officially announced on 30 August 2011 as part of a US$3.2 billion joint venture between the two companies that also included the development of the East-Prinovozemelsky field in the Arctic Kara Sea. Under the terms of the contract, Rosneft will own two-thirds of the joint venture, with Exxon controlling the remainder.

After Russia annexed Crimea in 2014, the US imposed sanctions that blocked the partnership. ExxonMobil was later granted a limited waiver to maintain "administrative actions" in the joint venture, and in March 2017 applied to the US government for a full waiver that would allow it to resume drilling in partnership with Rosneft. The request was denied in April, leaving ExxonMobil with little chance of beginning drilling before the joint venture agreement expired at the end of the year.

References

References

  1. (30 August 2011). "Exxon In Multibillion-Dollar Russian Arctic Deal". NPR.
  2. (30 August 2011). "ExxonMobil signs Russian oil pact". The Washington Post.
  3. "Tuapse Trough". Rosneft.
  4. (1 September 2011). "Exxon, Rosneft tie up in Russian Arctic, U.S.". Reuters India.
  5. (19 April 2017). "Exxon Seeks U.S. Waiver to Resume Russia Oil Venture". The Wall Street Journal.
  6. (21 April 2017). "Trump Administration Won't Waive Sanctions for Oil Project Exxon Planned in Russia". The Wall Street Journal.

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black-sea-energyoil-fields-of-russia