Page 15 - FSUOGM Week 46 2019

FSUOGM PROJECTS & COMPANIES FSUOGM
Russia’s Lukoil kicks off Filanovsky phase 3
RUSSIA
The third stage of development is aimed at keeping output stable.
RUSSIA’SLukoilhasannouncedthecompletion of a first well under the third-phase development of the Filanovsky oilfield in the Caspian Sea.
The 3,235-metre well, sunk using the Nep- tune jack-up rig, is expected to flow oil at a daily rate of 1,838 tonnes (13,470 barrels per day), Lukoil said in a statement on November 15. Its oil is delivered via subsea pipeline to a central processing platform built as part of Filanovsky’s first phase.
Filanovsky was brought on stream in 2016, and its third stage of development is aimed at maintaining output at the current plateau of 6mn tonnes per year (120,000 bpd) until 2024. It was Lukoil’s second oil project in the Russian zone of the Caspian Sea to enter production. Its first was Korchagin, which came online in 2010 and now produces at a rate of 50,000 bpd.
The private oil company is now working on its third field, Rakushechnoye, due to start up in 2023 and flow 24,000 bpd at full capacity. It controls several more oil and gas deposits in the Russian Caspian, but has yet to give their devel- opment the green light.
Lukoil is also active off the coast of Russia’s Kaliningrad exclave, where it aims to launch its next project in 2022-2023, according to Rus- sian state design agency Glavgosexpertiza. The agency said this week it had reviewed the results of engineering surveys carried out by Lukoil for
theD33oilfield.Discoveredin2015,thedeposit holds 21.2mn tonnes (155mn barrels) in C2 oil reserves.
D33’s oil will be pumped via pipelines to onshore processing facilities, and then sent to Lukoil’s Svetly oil terminal for transport to markets.
Like the Caspian Sea, the Baltic Sea is set to be a key growth area for Lukoil over the coming years. The company started up its first field off Kaliningrad, Kravtsovskoye, in 2004. It went on to discover four more fields in 2015, including D33 and D41, which began producing earlier thisyear.™
Kazakhstan reports new oil discovery in south
KAZAKHSTAN
New discoveries in Kazakhstan are few and far between.
A new oil discovery has been reported in south- ern Kazakhstan, the country’s natural resources ministry reported on November 18.
The find was made in the Karatau moun- tains in the Turkestan province, at a depth of 300 metres in Paleozoic rock, the ministry said. A state surveying expedition drilled 39 wells in the area, hoping to find bauxite, lead and zinc depos- its. Instead, 11 of the wells identified oil – the first time it has been encountered in the Karatau area.
The ministry did not comment on the size of the discovery, but said exploration in the area would continue.
Onshore oil discoveries have grown
increasingly rare in Kazakhstan. After the fall of the USSR in the early 1990s, the newly-inde- pendent Central Asian state brought in interna- tional investors to develop its existing Soviet-era oil discoveries and explore for new resources. But after decades of production, Kazakhstan’s onshore basins are now considered mature and exploration spending has fallen considerably.
Many of the country’s largest oilfields are located in the west of the country, in the Pre-Cas- pian, North Ustyurt and Mangyshlak basins. Turkestan hosts the smaller and much less pro- lific Syr-Darya basin, known more for its gas than its oil.™
Week 46 20•November•2019 w w w . N E W S B A S E . c o m P15