LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally.
PJSC "LUKOIL" announces that the cumulative natural gas production at the Pyakyakhinskoye oil and gas condensate field in the Yamal-Nenets Autonomous District exceeded 5 billion cubic meters. The cumulative production of crude oil and gas condensate reached 2.7 million tons since the start of commercial production in October 2016.
PJSC "LUKOIL" announces the completion of drilling of the first production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea. The well was drilled within the second field development stage implemented to involve into production the Eastern part of the field.
PJSC "LUKOIL" took the final investment decision on the Rakushechnoye field development project in the Caspian Sea.
has built an integrated geological and geophysical model of fields and
exploration structures of the Denisov depression in Timan-Pechora oil and gas
LUKOIL has completed the installation of the wellhead platform's topside as part of Yury Korchagin field Phase 2 development in the Russian sector of the Caspian Sea.
Today LUKOIL has commissioned a Gas Processing Complex at the Kandym fields cluster in Uzbekistan.
Minister of Iraq Haider Al Abadi held a meeting with PJSC LUKOIL President
Vagit Alekperov in Baghdad. Parties discussed several issues related to LUKOIL projects
in the country.
The LUKOIL Group's hydrocarbon production excluding West Qurna-2 project in the fourth quarter of 2017 increased by 2.9% quarter-on-quarter to 2,284 thousand boe per day. The increase was driven by the development of gas projects.
LUKOIL has completed the construction and commissioning of the first well at the Phase 2 of Vladimir Filanovsky field in the Caspian Sea. As a result, the daily oil production at the field increased to 16.8 thousand tonnes.
LUKOIL finished most of the construction works at Vladimir Filanovsky field's Phase 2 development facilities and started drilling of the first production well. The Phase 2 facilities will allow to reach the stable designed production plateau of 6 million tonne