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Yuri Korchagin Field, Caspian Sea

Location

North Caspian Sea, 180km off Astrakhan city, Russia

Water Depth

11-13m

Reserves

570 million barrels of oil equivalent

Discovered

2000

First Oil Extraction

28 April 2010

Investment

R34.4bn ($1.12bn)

Estimated Production

2.5 million tonnes of oil and one billion cubic metres of gas per year

Number of Wells

30 (26 production, one gas injection and three water injection wells)

Infrastructure

Fixed offshore ice-resistant platform, floating storage unit, single-buoy moor, 58km pipeline

Operator

Lukoil Nizhnevolzhskneft

Drilling Contractor

BKE Shelf

LSP-1 Construction

Astrakhansky Korabel plant

LSP-2

Lukoil-Kaliningradmorneft's hardware factory, assembling at the Astrakhan Shipyard

LSP-1 Installation

J Ray McDermott

LSP-1 Technological Complex Construction

Stroytransgaz
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