Sakhalin-2 Oil and Gas Project (Russia)

This article is part of the Global Oil and Gas Extraction Tracker, a Global Energy Monitor project.

Report an error

Related categories:

Oil and gas extraction Oil and gas pipelines LNG terminals

Sakhalin-2 Oil and Gas Project (Сахалин-2) is an operating oil and gas project in Russia.

The project consists of the following units:

• Lunskoye Oil and Gas Field (Russia)
• Piltun-Astokhskoye Oil and Gas Field (Russia)

Project Details

Main Data

Table 1: Project-level project details for Sakhalin-2 Oil and Gas Project

¹Final Investment Decision

Unit name	Status	Operator	Owner	Discovery year	FID1 year	Production start year	Production type
Sakhalin-2	operating	Sakhalinskaya Energiya	Sakhalinskaya Energiya LLC [100%]	–	–	1999	conventional

Production and Reserves

Table 2: Reserves of Sakhalin-2 Oil and Gas Project

million m³ = million cubic meters
million bbl = million barrels of oil

Fuel description	Reserves classification	Quantity	Units	Data year	Source
gas	[not stated]	684000.0	million m³	2010	​
gas	total recoverable reserves	500000.0	million m³	2017	​
oil	[not stated]	1100.0	million bbl	2010	​
oil	total recoverable reserves	1099.5	million bbl	2017	​

Table 3: Production from Sakhalin-2 Oil and Gas Project

million m³/y = million cubic meters per year
million bbl/y = million barrels of oil per year

Category	Fuel description	Quantity	Units	Data year	Source
production	gas	14688.0	million m³/y	2013	​
production	oil	35.91	million bbl/y	2013	​
production	gas	24500.0	million m³/y	2018	​
production design capacity	oil	124.1	million bbl/y	2010	​

Location

Table 4: Project-level location details for Sakhalin-2 Oil and Gas Project

Location	Onshore/Offshore	Coordinates (WGS 84)
offshore, Russia	offshore	53.0833, 143.792 (approximate)

The map below shows the approximate location of the project:

Loading map...

{"type":"ROADMAP","minzoom":false,"maxzoom":false,"types":["ROADMAP","SATELLITE","HYBRID","TERRAIN"],"mappingservice":"googlemaps3","width":"600px","height":"500px","centre":false,"title":"","label":"","icon":"","lines":[],"polygons":[],"circles":[],"rectangles":[],"copycoords":false,"static":false,"visitedicon":"","wmsoverlay":false,"zoom":false,"layers":[],"controls":["pan","zoom","type","scale","streetview","rotate"],"zoomstyle":"DEFAULT","typestyle":"DEFAULT","autoinfowindows":false,"resizable":false,"kmlrezoom":false,"poi":true,"cluster":false,"clustergridsize":60,"clustermaxzoom":20,"clusterzoomonclick":true,"clusteraveragecenter":true,"clusterminsize":2,"imageoverlays":[],"kml":[],"gkml":[],"searchmarkers":"","fullscreen":false,"scrollwheelzoom":false,"locations":[{"text":"","title":"","link":"","lat":53.0833,"lon":143.792,"icon":"","inlineLabel":"Piltun-Astokhskoye Oil and Gas Field, Sakhalin-2 Oil and Gas Project\n"},{"text":"","title":"","link":"","lat":51.4503,"lon":143.7017,"icon":"","inlineLabel":"Lunskoye Oil and Gas Field\n"}]}

Background

Following Russia's invasion of Ukraine, Shell declared its intention to leave the Sakhalin-2 project. In the first quarter of 2022, the company booked a $1.6 billion impairment related to its withdrawal from the project.

In June 2022, the original Bermuda-based operator Sakhalin Energy was transformed into a Russian company, Sakhalinskaya Energiya LLC, via a presidential decree. Gazprom received a 50.01% share in the new operator. Mitsui (12.5%) and Mitsubishi (10%) confirmed their participation in the new operator, while Shell opted out.

In March 2024, Shell's former 27.5% stake was acquired by Gazprom for close to $1 billion. At the same time, Shell stated that it "reserves all its legal rights relating to its 27.5% interest in Sakhalin Energy Investment Company Ltd (SEIC)."

Articles and Resources

Additional Data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.