Press Release

LUKOIL CUMULATIVE OIL PRODUCTION IN RUSSIA EXCEEDS TWO BILLION TONNES

Thursday, February 1, 2018

LUKOIL's cumulative production of oil in Russia has exceeded two billion tonnes. The company's Russian projects produced jointly no less than 80 million tonnes of oil annually in the past 14 years.

The first billion tonnes of oil was produced by LUKOIL in 2006, fifteen years after the establishment of the company. The milestone of two billion tonnes was reached eleven years later.

​The uptick in production can be attributed to the recent commissioning of major oil fields, including Vladimir Filanovsky field in the Caspian Sea, Pyakyakhinskoye field on Yamal, and Imilorskoye field in West Siberia. New technologies have made it possible to significantly increase production of difficult hydrocarbons, for instance at Yarega field of super-viscous oil in the Komi Republic. 

23/12/2021 - 30 MILLION TONNES OF OIL PRODUCED AT LUKOIL’S VLADIMIR FILANOVSKY FIELD IN CASPIAN SEA

​LUKOIL's oil production at its Caspian Vladimir Filanovsky field exceeded 30 million tonnes. The Company also completed the second stage of development of the Yury Korchagin and continues development of its​ third Caspian field – the Valery Grayfer field. ​

22/11/2021 - LUKOIL SUCCESSFULLY TRIES OUT CASING DRILLING

As a part of its technical and economic optimization programme, LUKOIL conducted controlled directional casing drilling at its Bayandyskoye and Pyakyakhinskoye fields, and received encouraging results.​​

22/09/2021 - LUKOIL CREATES LARGEST DIGITAL MODEL OF OIL FIELD IN RUSSIA

LUKOIL brought into operation the largest digital model of an oil field in Russia. Creation of this complex integrated model of the Vatyeganskoye field is a part of LUKOIL's Intelligent Field project, which aims to introduce integrated models at over 100 key fields. ​

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