Vladimir Filanovsky Field being prepared to begin production in 2015.

article-image

Russia’s largest private oil company, with operations in 28 countries around the world Lukoil has announced contractors for the development of the Vladimir Filanovsky Field, which was discovered in 2005. The investment is expected to reach $3.5 billion.

The field is located about 50km offshore, in the northern part of the Caspian Sea. It is expected to start extraction in 2015. The field contains oil with very low sulfur content of just 0.1%. The reserves of the field include 153.1 million tonnes of oil and 32.2 billion cubic metres of gas.
According to Fedor Klimkin, Press and Communication Officer for Lukoil, the jackets for the offshore platforms have already been installed and subsea pipelines are nearing completion.


Image source

The program for integrated development of the North Caspian fields includes construction of 25 platforms with total weight of about 100.000 tons. Pipelines will be long for more than 1.500 km including subsea lines around 1.000 km long.
The infrastructure at the Vladimir Filanovsky offshore field will comprise of an ice-resistant fixed platform (IRFP-1), a living quarters module platform (LQM-1), a central processing platform (CPP) and a risers block (RB) platform, which will all be linked with connection bridges.


Image source

Lukoil discovered six large oil and gas fields in the North Caspian between 1999 and 2005: Khvalynskoye, 170 km, Yuri Korchagin, Rakushechnoye, Sarmatskoye and Filanovsky. At this stage, the fields are thought to contain 4.7 billion reserves. The Vladimir Filanovsky oil-gas field is the biggest by oil reserves discovered in Russia in the last 20 years.

Sources: offshore-technology.com, lukoil.com
Main image source: offshore-mag.com

About author

Agata Gruszczak

Editor in YoungPetro, fourth year student of Mining and Geology at the Faculty of Drilling, Oil and Gas at AGH University of Science and Technology, member of AGH UST Student Chapter. Interested in enhanced oil recovery and unconventional resources. Keen on Scandinavian culture, reading fantastic literature.

View all posts by Agata Gruszczak