PJSC "LUKOIL" announced today the results of the reserves assessment and independent audit as of December 31, 2021. The proved reserves replacement ratio at the Company's projects in Russia totaled 109% in 2021, including 109% for liquids and 108% for gas. ​

LUKOIL has drilled 1,000 meters of its first exploration well on the Vostochno-Taymyrsky license block. 374 meters of core samples from eight formations will be collected and analyzed during drilling.

PJSC LUKOIL began drilling of the first 5,500 m prospecting and appraisal well (1P) in the Vostochno-Taymyrsky license area, Krasnoyarsk Territory, six months before the scheduled deadline. LUKOIL is the first company to drill such a deep well into Lower Cambrian strata in the region.