Lukoil to boost Yaregskoye field oil flow

Lukoil Oil Co. expects to increase oil production at old Yaregskoye field in the Republic of Komi, Russia, to 700,000 b/d from last year’s average of 140,000 b/d with expanded thermal development.

The company recently commissioned oil-gathering and treatment facilities and a water-treatment unit in a first phase with capacity of 350,000 b/d of heavy oil.

The water-treatment unit can clean 700 cu m/hr of formation water used to generate steam for injection into the reservoir.

Lukoil plans more than 20 other facilities, including steam-generating units and a 75-Mw power plant.

The field was discovered in 1932 in the southern part of the Timan-Pechora province. Lukoil estimates yearend 2015 proved reserves at 321 million bbl of oil.

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