LUKOIL taps Schlumberger for Caspian field wells

LUKOIL has contracted Schlumberger to design wells for the V. Filanovsky field development in the northern Caspian Sea.

Offshore staff

MOSCOW – LUKOIL has contracted Schlumberger to design wells for the V. Filanovsky field development in the northern Caspian Sea.

In 2012, subsidiary company LUKOIL-Engineering opened theCenter of Geologic Exploration Technologies at its premises in Moscow. It was established for integrated studies of prospective assets in the company’s licensed areas, applying advanced geologic exploration technologies and equipment supplied by Schlumberger, LUKOIL’s partner in the project.

Hardware and software developed by the center is designed to make reservoir modeling more reliable, forecasting of oil and gas incidents more precise, and to lessen geological risks and uncertainties.

V. Filanovsky was discovered in 2005. It is LUKOIL’s second offshore project in the Russian sector of the Caspian Sea. Production is scheduled to start in 2015.

3/18/2013

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