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.
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
started drilling of an exploration well at the Shirotno-Rakushechnaya prospect
structure, located to the north of the V.I. Grayfer field.
cumulative output at Vladimir Filanovsky field has exceeded 15 million metric tons.
commercial operation of the project started in the fall of 2016, i.e. eleven
years after the field’s discovery.
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.
cumulative production of oil in the Russian part of the Caspian Sea has exceeded
20 million tonnes.
President of LUKOIL Vagit Alekperov and Acting Chairman of the Board of Uzbekneftegaz Bahrom Ashrafhanov signed a memorandum of understanding.
LUKOIL has commissioned a steam generation farm at Yarega field of highly viscous oil in the Republic of Komi. The facility is to build up production as part of Yarega area Phase 2 development.
LUKOIL completed transportation and started installation of the substructure for the wellhead platform at the Vladimir Filanovsky field in the Caspian Sea.
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.