Lukoil’s North Caspian fields hit new oil production milestone

Russian oil company Lukoil has reached the 15-million-tonnes mark in terms of oil produced at the Yuri Korchagin and Vladimir Filanovsky fields located in the North Caspian Sea.

Lukoil’s previous milestone of 10 million tonnes of oil produced from the two fields was reached in June last year.

Both fields are in their second construction stage, Lukoil noted in a statement announcing the milestone last week.

Construction and commissioning of production and an injection wells was completed as part of the second stage at the V. Filanovsky field. Further implementation of the drilling program will make it possible to maintain stable production at the project level of 6 million tonnes of oil per year.

​As part of the second construction stage of the Yu. Korchagin field, the riser block platform topside is being prepared for offshore transportation. The second stage of drilling will kick off development of the reserves in the eastern part of the field.

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply