Russian multinational energy corporation LUKOIL has launched the second phase of the development drilling programme of the Offshore Ice-Resistant Fixed Complex 2 (OIRFC 2) at Vladimir Filanovsky field.

The Vladimir Filanovsky field is located approximately 50km offshore in the northern part of the Caspian Sea. It was discovered by LUKOIL in 2005 and began production in October 2016.

Vladimir Filanovsky field has gas and oil located within the Albian and Aptian stages, and the Neocomean super stage of the early Cretaceous sediments in water depths of 10m.

The second stage of the field aims to keep oil production at a proposed rate of six million tonnes per annum (Mtpa).

LUKOIL president and Russian Federation Deputy Prime Minister Yury Borisov said: “LUKOIL’s greenfield projects introduced Russia to a new Caspian oil and gas province, one of the biggest in Russian modern history.

“Technical infrastructure and safety and environment systems here conform to the world’s highest standards. We have discussed plans for fields development in the Astrakhan region today and it is safe to say that it is one of the growth points for the Russian oil industry.”

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By GlobalData

In June 2017, Lukoil completed construction and commissioning of the fifth production well at Vladimir Filanovsky offshore field.

Commissioned in 2016, the field reached an annual planned production level in 2018.

So far, LUKOIL has invested over $9bn into the development of the fields in the Russian sector of the Caspian Sea.