LUKOIL reaches another milestone

12 January 2018

LUKOIL has reached another milestone with 1 MT of oil produced at Yarega field, the Komi Republic, since the beginning of 2017.

The company plans to increase Yarega's production by 20%, as compared with 2016. The meterage of horizontal wells, drilled with steam assisted gravity drainage, will be incremented by over 40%. There will also be an almost 50% increase in volumes of steam injected into production formations.

This year, LUKOIL commissioned a 75-megawatt power generation farm, the Yarega, and a steam generation facility with total hourly capacity of 300 tonnes of steam, at the field.