Ten Million Tons of Oil Produced at Lukoil Fields in North Caspian

LUKOIL has reached another milestone with ten million tons of oil produced at Yury Korchagin and Vladimir Filanovsky fields in the North Caspian. ​

The most significant gain in production is observed at V. Filanovsky field, where cumulative recovery has exceeded 2.5 million tons of oil as from the commencement of the field’s commercial development.

The company is currently implementing Phase 2 construction plan at both fields: at Filanovsky, the topside of the fixed ice-resistant offshore platform (LSP-2) has already been mounted on the substructure, while at Korchagin, the sinking of piles for the wellhead platform substructure is underway.