Cumulative production at Vladimir Filanovsky field, a LUKOIL property in the Caspian Sea, has reached one million tons, LUKOIL says in a press release.
Having already commissioned three horizontal sidetracked wells, the company is now constructing the fourth one. Alongside, facilities of the field’s second phase of development are being built: an offshore ice-resistant fixed platform (IRP-2) and a living quarter platform (LQP-2). The substructures were taken to the sea and installed at prescribed points. The annual planned production level is estimated at 6 million tons of oil.
V. Filanovsky field, discovered by LUKOIL in 2005, is the second field commissioned by the company in the Russian offshore sector of the Caspian Sea. The field’s С1+С2 recoverable reserves, under the Russian classification, are estimated at 129 million tons of crude oil and 30 billion cubic meters of gas. The annual oil production at the plateau is estimated at 6 million tons.
The Vladimir Filanovsky field is located in the northern Caspian Sea, 220 km away from the city of Astrakhan. Water depth in the field’s area ranges from 7 to 11 meters.
Related links:
LUKOIL completes drilling of the third well offshore at Filanovsky field >>>>
Vladimir Putin launches operations at Filanovsky oil field >>>>