Russian oil firm Lukoil has completed the third well at offshore Vladimir Filanovsky field in the Caspian Sea, the horizontal section of the well is 1,217 meters long. The well flow is around 3,000 tons of crude oil per day, the company said.
The field, 220 km away from the city of Astrakhan, now has a total oil production of approximately 9,000 tons per day, Lukoil said.
V. Filanovsky field, discovered by Lukoil in 2005, is the second field commissioned by the company in the Russian offshore sector of the Caspian Sea.
The field’s С1+С2 recoverable reserves, under the Russian classification, are estimated at 129 million tons of crude oil and 30 billion cubic meters of gas. The annual oil production at the plateau is estimated at 6 million tons.
The field began producing oil company late in October 2016, officially launched by the President of the Russian Federation Vladimir Putin.