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Exploration

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The focus of LUKOIL's geological exploration work is to replace production with new commercial reserves of hydrocarbons and to rapidly prepare reserves for launch and expansion of production in promising regions (Timan-Pechora, Northern Caspian and the Bolshekhetskaya Depression). The Company maximizes efficiency of its geological exploration work by use of the latest technologies.

Geological exploration

	2002	2003	2004	2005	2006
2D seismic prospecting, km	10,891	14,597	9,752	9,787	10,573
3D seismic prospecting, km²	2,135	2,429	2,153	5,686	3,118
VSP*, wells	59	46	45	40	33
Geo-electrics, km	200	1,033	2,488	2,381	4,030
* Vertical seismic profiling.

The biggest volumes of geological exploration by LUKOIL in 2006 were concentrated in the Timan-Pechora oil province, Western Siberia, Perm Territory, Volgograd Region and the offshore Caspian.

Exploration drilling by regions, th. meters

	2002	2003	2004	2005	2006
Total	181	146	118	131	162
Russia	168	141	111	119	139
Western Siberia	60	66	44	44	60
Urals	10	8	11	11	9