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

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Woodside Agrees Long-Term LNG Supply with Petronas Unit

MODEC and Terra Drone Renew FPSO Drone Inspection Partnership

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

CNOOC Puts Into Production New Oil Field in South China Sea

Petrovietnam, Petronas Extend PSC for Offshore Block

All Gas from Conrad’s Mako Field to be Sold to Indonesia’s PLN

Current News

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Woodside Agrees Long-Term LNG Supply with Petronas Unit

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