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.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...