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Sakhalin-1 Oil and Gas Project

Sector: Oil and Gas • Location: Sakhalin, Sakhalin Oblast, Russia

Source: The Globe and Mail

Project
Planned

Sakhalin-1 is a strategic energy project located on the northeast shelf of Sakhalin Island, consisting of the Chayvo, Odoptu, and Arkutun-Dagi fields. It has recoverable reserves estimated at 2.3 billion barrels of oil and 17.1 trillion cubic feet of natural gas. The project began commercial production in 2005 with ExxonMobil as operator. In 2022, ExxonMobil withdrew due to sanctions, leading to a

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The project “Sakhalin-1 Oil and Gas Project” is an infrastructure initiative in the Oil and Gas sector, located in Sakhalin, Sakhalin Oblast, Russia. Taiyo aggregates data on it from The Globe and Mail.

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planned

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Description

Description

Sakhalin-1 is a strategic energy project located on the northeast shelf of Sakhalin Island, consisting of the Chayvo, Odoptu, and Arkutun-Dagi fields. It has recoverable reserves estimated at 2.3 billion barrels of oil and 17.1 trillion cubic feet of natural gas. The project began commercial production in 2005 with ExxonMobil as operator. In 2022, ExxonMobil withdrew due to sanctions, leading to a collapse in production. In 2025, Russia amended its decree to allow the possible return of foreign companies, including ExxonMobil, under strict conditions related to sanctions, equipment supply, technical cooperation, and fund transfers.

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