Lukoil awarded Baltic Sea fields

April 7, 2016

The Russian Federation Government has granted Lukoil approval for hydrocarbon exploration and production in two Baltic Sea fields.

Lukoil will explore the D29 and D41 oil fields, which were both discovered in 2015. D29 is estimated to have recoverable resources of 2.126 million tonne, and D41 is estimated to hold 2.003 million tonne.

Exploration wells were drilled using the Arktichesksaya jackup drilling rig. 

Image of the Arktichesksaya jackup, from Gazprom.



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