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Lukoil to develop West Siberia license

Lukoil plans to begin drilling production wells in September 2014 an early-oil project on its Imilorsko-Istochnoye license in West Siberia (OGJ Online, Feb. 25, 2013).

It hopes to begin oil production in March 2015.

The company will shoot new seismic surveys during 2013-16, retest 15 existing exploratory wells, and drill four new exploration wells. It will use results to recalculate reserves.

Lukoil said early estimates put reserves in the area at 193.7 million tonnes of crude oil.

 


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