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Press Release

LUKOIL DEVISES NEW METOD OF DEVELOPING FIELD SIMULATION MODELS

{ 5/2/2017 12:00:00 AM }

LUKOIL has applied a new approach to the development of geological-hydrodynamic models used to study the Lower Permian accumulation of Varandey field in the Timan-Pechora Oil and Gas Province on the basis of hydro-dynamic  and geophysical testing of wells.

The application of the new method raises the efficiency of subsequent drilling through minimizing the level of potential development costs.


The new technology will be used across depleted fields with a high water-cut and at the Bazhenov formations.

  • Press release in PDF

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