New Lukoil well results in huge production boost at V. Filanovsky field

Russia’s largest privately-held oil producing company Lukoil has completed drilling the 8th well at its field in the Caspian Sea named after V. Filanovsky.

The new well is a horizontal producing well with a 1560-m long horizontal section, the company reported on Thursday. The flow rate in the new well is as high as 2.8 kt/day. The well which was drilled before this one was also a horizontal well and was used as a water injection well in this field.

After drilling this well, the project overall production rate is as high as 16.5 kt of oil per day, or 6 million tonnes yearly. There are currently 6 producers in operation at this field as well as 2 water injectors that are also producing oil at present. The fixed ice-resistant platform, the accommodation area platform, and the connecting bridge is due to be constructed and tested by late 2017 as part of Phase 2 of the V. Filanovsky field development plan. Commissioning of a drilling facility and all its systems was also planned.

New Lukoil Well Results in Huge Production Boost at V. Filanovsky Field

The company reached a milestone of 3 mln tonnes of oil produced at the Filanovsky field in July this year. The field appears to be the largest oil find in post-Soviet Russia. The production rates at the V. Filanovsky field, including C1+C2 reserves, reaches 129 mln tonnes of oil and 30 billion m3 of natural gas.

The field is situated in the north part of the Caspian Sea, 190 km away from Astrakhan city. The water depth in the area of the Filanovsky field is 7 to 11 m. The field was discovered in 2005, and the first commercial oil has been produced in 2016. The field was officially put into commercial operation on the 31st of October, 2016, during Vladimir Putin’s visit to Astrakhan. Lukoil is the operator of the field.


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