Shtokman field

Shtokman Field

Oil Field
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Shtokman field

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Description:
The Shtokman field (also Stockman field; ), one of the world's largest natural gas fields, lies in the central part of Russian sector of the Barents Sea, north of Kola Peninsula. Its reserves are estimated at 3.8 trillion cubic meters of natural gas and more than 37 million tons of gas condensate.

History

The Shtokman field was discovered in 1988. It was named after the Soviet geophysicist Vladimir Shtokman (), a descendant of German emigrants, whose name was originally spelled Stockmann.

In the early 1990s, Gazprom started talks with a group of five Western companies to participate in the field's development. In 1992, the foreign consortium was pushed out by the Rosshelf consortium, a Gazprom subsidiary that comprised 19 Russian companies. in August 1995, Gazprom and Rosshelf signed a letter of intent with Norsk Hydro of Norway, Conoco Inc. of the United States, Neste Oy of Finland, and Total S.A. of France to evaluate the possible joint development of Shtokman field.

In January 1996, a project of a large floating liquefaction plant was designed, but this plan was abandoned and in March 2000, Rosshelf began developing plans for production and construction of a natural gas pipeline from the field via Murmansk to Vyborg. In 2001, Gazprom announced its intention to develop the gas field together with Rosneft. In...
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