ExxonMobil started production Tuesday at the Arkutun-Dagi field in offshore Russia, the third and final field to go online at the Sakhalin-1 development project.
Peak daily production from the field is expected to reach 90,000 barrels.
The field, located off the northeast coast of Sakhalin Island in the Russian Far East, will bring total production at Sakhalin-1 to over 200,000 barrels per day.
Production from Sakhalin-1’s Arkutun-Dagi field will be routed through the existing Chayvo onshore processing facility on Sakhalin Island and delivered through pipelines to the De-Kastri oil export terminal in Khabarovsk Krai, Russia.
The other two fields, Chayvo and Odoptu, began production in 2005 and 2010.
Exxon Neftegas operates the Sakhalin-1 consortium with a 30 percent interest.
Japan-based Sakhalin Oil and Gas Development holds a 30 percent interest, affiliates of Russia’s Rosneft hold a combined 20 percent interest and India-based ONGC Videsh holds a 20 percent interest.