Russian oil company Lukoil has completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.
Lukoil said on Wednesday that the single-bore well with horizontal completion was drilled from a jack-up rig.
The measured depth of the well is 3,736 meters while its initial flow rate is approximately 600 tonnes of crude oil per day.
The company added it had already started drilling of the third production well at the eastern part of the field.
“[…] an electro-hydraulic intelligent completion system was used for the first time at the new well. The system allows to control the valves of the horizontal wellbore in the real-time mode, providing for an optimized oil influx and higher operational safety,” Lukoil said.
The first production well from the wellhead platform was drilled by Lukoil in July 2018 . The measured depth of the well was 5,217 meters with the reach of 4,235 meters. The initial flow rate of the first well was approximately 500 tons of crude oil per day.
The wellhead platform topsides were installed by Lukoil as part of the field’s Phase 2 development in late April .
As for the field, Yuri Korchagin is an offshore oil field located 180 kilometers from Astrakhan and 240 kilometers from Makhachkala at a sea depth of 11–13 meters.
In 1999, Lukoil started exploratory drilling at the field using the Astra jack-up rig. Production at the field was launched in April 2010.