The Russian oil company Lukoil has put into commercial operation the fifth production well at an offshore field named after Vladimir Filanovsky located in the Northern Caspian Sea, the company’s statement reads.
Lukoil has also begun construction of the sixth well that will perform a water injection function.
The fifth well is a double-barreled horizontally oriented. Putting the well into operation will significantly increase the daily production at the field: as of June 13, 2017, the field has produced more than 14,000 tons of oil or over 5 million tons per annum.
The field n.a Filanovsky was commissioned in 2016. The design level of oil production at the field amounts to 6 million tons of oil per year.