Russia's Lukoil has completed the drilling of its eighth well at Vladimir Filanovsky field in the Caspian Sea.
The well is a horizontal producing well, with the horizontal section spanning 1560m. Production is at 19,000 boe/d (2.8 thousand tonnes per day).
As a result, the project's total production reached 112,900 boe/d (16.5 thousand tonnes of oil per day), or 41 MMboe (6 million tonnes) on an annualized basis. At present, there are six producing wells and two water injectors (also currently producing oil) in operation at the field, says Lukoil.
Within the Phase 2 of the V. Filanovsky field development plan, construction and individual equipment testing works at the fixed ice-resistant platform, the accommodation block platform and the connecting bridge will have been completed by the end of 2017. The drilling complex and systems are also planned to be put into operation.
The Vladimir Filanovsky field was put in operation in 2016. Its initial recoverable reserves equal 821 MMboe (129 million tonnes of oil) and 30 Bcm of gas. The annual production level at plateau phase is 41 MMboe (6 million tonnes of oil).
All the offshore facilities installed at LUKOIL’s Caspian fields have been manufactured by Russian shipyards.