trending Market Intelligence /marketintelligence/en/news-insights/trending/tdefsrwlo1encn_ioiz57q2 content esgSubNav
In This List

Lukoil to add steam farm at Yarega oil field to hike output


Japan M&A By the Numbers: Q4 2023


See the Big Picture: Energy Transition in 2024


IR in Focus | Episode 10: Capital Markets Outlook


Infographic: The Big Picture 2024 – Energy Transition Outlook

Lukoil to add steam farm at Yarega oil field to hike output

PJSC Lukoil has commissioned a steam generation farm at the Yarega oil field in the Republic of Komi in a bid to hike production as part of the second phase of the field's development.

During the first half of this year, oil production at the field grew by 77% from the same period in 2017, reaching 761 thousand metric tonnes, the company said Sept. 10.

The farm, including five boilers with a total capacity of 125 metric tonnes of steam per hour, will produce steam vapor under higher pressure than that produced previously by the boiler room. The higher pressure provides better efficiency of the reservoir heat-up and increases the wells' flow rates.

The company also said is working to increase the capacities of the center and north steam-generation farms at the Yarega field.