Middle East

30 Million Tons of Oil: Production Milestone

December 23, 2021

Credit: Lukoil

According to the company, the Vladimir Filanovsky offshore oil field in the Caspian Sea, operated by Russian oil and gas giant Lukoil, produces more than 30 million tons of oil.

In 2021, five development wells (including four production wells and one press-in well) were constructed to maintain the plateau level of 6 million tonnes of oil annually.

The company has also completed the second phase of development of the Yury Korchagin oil field (wellhead platform) and built eight development wells there.

Lukoil also said it continued to develop Valerie Graferfield, the third Caspian field. Shipyards in the city of Astrakhan, Russia, continue to build fixed ice-resistant platforms and top-level equipment for accommodation blocks. In 2021, they were lifted, weighed and moved to the quay. A drilling rig was installed on the ice-resistant platform. The facility will be launched to sea in the second quarter of 2022.

The Russian company said it will use its own floatover technology to allow top-level equipment to be installed on the platform jacket without the use of floating cranes.

https://www.oedigital.com/news/493074-30-million-tons-of-oil-production-milestone-for-lukoil-s-v-filanovsky-caspian-sea-field 30 Million Tons of Oil: Production Milestone

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