In 2015 LUKoil plans to invest about 70 billion rubles (over $1.1 billion at the forecast average annual rate) into development of the Vladimir Filanovski field on the north of the Caspian Sea, Nikolai Lyashko, General Director Lukoil-Nizhnevolzhskneft, said yesterday at the session devoted to the offshore operations.
He added that investments into the first and second stages of the project will exceed 115 billion rubles. The facilities will be built at the ship-building plants in Astrakhan district as a part of the second stage of the field development.
Lyashko reminded that since commencement of the commercial production in 2014 4 million tons of oil was extracted on the company’s Yurii Korchagin field. Last year the investment costs into development of the field totaled 7 billion rubles.
Filanovski and Korchagin fields are located in the Russian sector of the northern part of the Caspian Sea. Extraction of oil on the Korchagin field started in 2010. The hydrocarbon resources on the field exceed 270 million barrels of oil equivalent.
Filanovski field was discovered in 2005. The extractible oil resources in C1 and C2 categories total 153.1 million tons and gas resources in C1 and C2 categories – 32.2 billion cub.m. meters, reported http://ww.ngv.ru.
