LogIn LogOut

Lukoil Reaches 100mmt of Oil at West Qurna-2

April 28, 2019

Pic: Lukoil
Pic: Lukoil

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


Current News

ABS Certifies Jack-Up Rig Steel after Remote Survey

ABS Certifies Jack-Up Rig Steel after Remote Survey

Icon Offshore in Talks to Buy Jack-Up Rig from Perisai

Icon Offshore in Talks to Buy Jack-Up Rig from Perisai

Oil Producers Will Fight for Market Share as Consumption Growth Slows

Oil Producers Will Fight for Market Share as Consumption Growth Slows

Seacor Marine Completes Seacosco Acquisition

Seacor Marine Completes Seacosco Acquisition

Safety Product: Magnetic Fall Protection System

Safety Product: Magnetic Fall Protection System

Total Wins Woodmac's 'Most Admired Explorer' Award

Total Wins Woodmac's 'Most Admired Explorer' Award

ABB Solutions for Yinson's Marlim 2 FPSO

ABB Solutions for Yinson's Marlim 2 FPSO

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