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Lukoil reports progress on Vladimir Filanovsky field second-stage development

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Lukoil reports progress on Vladimir Filanovsky field second-stage development

Russian integrated oil and gas company PJSC Lukoil said Oct. 12 it commissioned a fifth well for the second-stage development of the Vladimir Filanovsky field in the Caspian Sea and is looking to drilling a sixth one soon.

The new bilateral production well, the fifth of six production wells planned for the field's second stage, had its initial flow rate measured at more than 3,300 tonnes of oil per day.

The company's drilling program for the second stage allowed the field to sustain its plateau level of 6 million tonnes of oil per year and that it plans on drilling the sixth production well soon.

In addition, the firm also reported its progress on the field's third stage saying that the wellhead platform's substructure was installed offshore in August and that its topside platform is 70% complete. Topside installation and the wellhead platform's commissioning are planned for 2019.

Commissioned in 2016, the Vladimir Filanovsky field's initial recoverable resources were projected at 129 million metric tonnes of oil and 30 billion cubic meters of gas.