Press Release

30 MILLION TONNES OF OIL PRODUCED AT LUKOIL’S VLADIMIR FILANOVSKY FIELD IN CASPIAN SEA

Thursday, December 23, 2021

LUKOIL's oil production at its Caspian Vladimir Filanovsky field exceeded 30 million tonnes. In 2021, the field saw 5 development wells built (including 4 production wells and 1 injection well) to maintain the plateau level of 6 million tonnes of oil per year.

The Company also completed the second stage of development of the Yury Korchagin field (the wellhead platform) and constructed 8 development wells there.

​LUKOIL continues development of its third Caspian field – the Valery Grayfer field. Shipyards of the city of Astrakhan, Russia, keep building topside facilities for the fixed ice-resistant platform and accommodation block. In 2021, they were lifted, weighed, and moved to the quay. A drilling rig was installed at the ice-resistant platform. The facilities are scheduled to be put to sea in the second quarter of 2022. A unique float-over technology will be used. It will allow to install topside facilities on the platform jacket without employing floating crane.​

26/06/2019 - LUKOIL MAKING GOOD HEADWAY WITH PRIORITY PROJECTS IN THE CASPIAN SEA

LUKOIL is successfully evolving its priority projects in the north of the Caspian Sea. The company continues to construct facilities at Vladimir Filanovsky, Yury Korchagin and Rakushechnoye fields.

20/12/2018 - TWENTY MILLION TONNES OF OIL PRODUCED AT LUKOIL NORTH CASPIAN FIELDS

LUKOIL’s cumulative production of oil in the Russian part of the Caspian Sea has exceeded 20 million tonnes.

03/04/2018 - LUKOIL LIFTS 15 MILLION TONNES OF OIL AT THE NORTH CASPIAN FIELDS

​PJSC LUKOIL reached the 15 million tonnes mark in terms of oil produced at the Yu. Korchagin and V. Filanovsky fields located in the North Caspian Sea. Both fields are in their second construction stage.​

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