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Growth Projects

Aspiration
for
new
achievements

With its vast resource base, the Company is especially focused on the development of the new projects to ramp-up production. The new projects include both development of new fields and enhancing recovery at mature fields through the use of advanced technologies, increased production drilling, and a higher number of EOR operations.

NORTHERN CASPIAN

BALTIC SEA

  • D41 Field
UZBEKISTAN
TIMAN-PECHORA
WEST SIBERIA

PRESS RELEASES

14/11/2018 - LUKOIL DRILLED THE SECOND WELL IN THE EASTERN PART OF THE YURY KORCHAGIN FIELD

PJSC LUKOIL completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.

 

19/10/2018 - LUKOIL AND UZBEKNEFTEGAZ SIGN MEMORANDUM OF UNDERSTANDING

President of LUKOIL Vagit Alekperov and Acting Chairman of the Board of Uzbekneftegaz Bahrom Ashrafhanov signed a memorandum of understanding​. 

​According to the memorandum, the parties intend to develop cooperation and share experience in the implementation in geological exploration in the Republic of Uzbekistan's territory. ​

16/10/2018 - LUKOIL STARTS THE CONSTRUCTION OF FACILITIES AT RAKUSHECHNOYE FIELD

​President of LUKOIL Vagit Alekperov, jointly with Head of the Astrakhan Region Sergey Morozov, took part in the official groundbreaking ceremony to mark the start of construction of infrastructure facilities of Rakushechnoye field. ​

Commercial oil production, with an estimated plateau level of 1.2 million tonnes, is expected to commence in 2023. ​

 
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Geographic reach

TECHNOLOGY

RESERVES

Annual Report 2017

(PDF, 12 MB)

Data Book

(XLSX, 0.4 MB)

INFORMATION

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