Russian oil company Lukoil has exceeded 15 million metric tons of cumulative output from its Vladimir Filanovsky field in the Caspian Sea.
This milestone comes almost three years after the start of full-scale commercial operations in the fall of 2016 , some eleven years after the field’s discovery.
Lukoil said on Tuesday that the third stage of infrastructure development was currently underway.
The field’s third development stage aims at bringing its western part into development and at maintaining production at the target level of six million metric tons.
Oil production at the wellhead platform will begin this year, and the facility will be minimally manned and almost fully automated.
The most recent work on the development included mounting the wellhead platform topside on the bearing units. The total weight of the structure exceeds 2.8 thousand metric tons.
A self-elevating floating drill rig will drill wells from the wellhead platform. The produced oil will go to the central processing platform of the first field-development stage through a subsea pipeline.
Vladimir Filanovsky field, the largest oil field in the Russian sector of the Caspian Sea, had initial recoverable reserves of 129 million metric tons of oil and 30 billion cubic meters of gas. The field reached its target production level of six million tons of oil per year in 2018.
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