Lukoil Reaches 100mmt of Oil at West Qurna-2

Shailaja A. Lakshmi
Sunday, April 28, 2019

Russia's oil producer Lukoil said cumulative production at the West Qurna-2 field has reached 100 MMt of oil as part of successful implementation of Phase 1 of the project.

With 184 wells drilled at the field, the average daily production rate is 400,000 bbl, it said in a press release.

To manage the field's production, LUKOIL uses the intelligent field concept  which allows to control and adjust where necessary  the production indicators in real-time.

In 2018, the company started Phase 2 of the field's development which envisages  growth in daily production to 480,000 barrels in 2020 and to a plateau of 800,000 barrels per day in 2025. In January 2019, the drilling of 28 wells began on well pad #4.

As of today, contracts have been signed to drill 57 production wells, including 54 at the Mishrif and 3 at the Yamama formations.

Categories: Energy Oil Production

Related Stories

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Starts Production at Two New Oil and Gas Projects

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

Tokyo Gas Enters LNG Market in Philippines

SLB Names Raman CSO, CMO

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

Japan's Mitsui Eyes Alaska LNG Project

CNOOC Boosts Dongfang Gas Fields Output with New Platform Coming Online

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

Current News

Mitigate SCC & HE to Keep Offshore Metal Structures Ship Shape

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Petrovietnam, Petronas Extend PSC for Offshore Block

Sapura Energy Scoops Close to $9M for O&M Work off Malaysia

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com