LUKOIL COMPLETES INTEGRATED GEOPHYSICAL MODEL FOR DENISOV LICENSE AREA

Thursday, May 17, 2018

LUKOIL has built an integrated geological and geophysical model of fields and exploration structures of the Denisov depression in Timan-Pechora oil and gas province. The modelling, completed with 3D seismic surveys, provides greater accuracy of structure mapping and significantly contributes to the quality of pre-drilling at prospective features.

Four oil fields with 85 million tonnes of C1+C2 total recoverable reserves have been discovered in the course of geological exploration since 2005. With the cumulative amount of recoverable reserves having grown 60 times over during that time, the success rate of drilling exceeds 90%.

31/07/2018 - LUKOIL STARTS INSTALLATION OF WELLHEAD PLATFORM SUBSTRUCTURE AT THE VLADIMIR FILANOVSKY FIELD

LUKOIL completed transportation and started installation of the substructure for the wellhead platform at the Vladimir Filanovsky field in the Caspian Sea.

24/07/2018 - LUKOIL DRILLED THE FIRST PRODUCTION WELL IN THE EASTERN PART OF THE YURY KORCHAGIN FIELD

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.

15/02/2018 - LUKOIL REPORTS PRELIMINARY OPERATING DATA FOR THE FOURTH QUARTER AND FULL-YEAR 2017

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.

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