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News // Companies

LUKOIL starts the construction of facilities at Rakushechnoye field

16 October 2018 , 16:06Neftegaz.RU520

Astrakhan, October 16 - Neftegaz.RU. 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.

 

This is the company's 3rd large project in the Caspian Sea alongside with 2 other fields, Yury Korchagin and Vladimir Filanovsky.

 

Commercial oil production, with an estimated plateau level of 1.2 million tonnes, is expected to commence in 2023. Proximity to the company's other Caspian fields makes it possible to use already available power supply facilities and infrastructure for the treatment and shipping of the products, thus contributing to an overall optimization of the project.

The Rakushechnoye field's infrastructure includes an ice-resistant fixed offshore platform and a living-quarter platform, interconnected with a gallery bridge. All the facilities will be built by a Russian contractor at shipbuilding yards in the Astrakhan Region.

 

Discovered in 2001, Rakushechnoye field is located 160 kilometers away from the port of Astrakhan and 8.5 kilometers from Vladimir Filanovsky field. The initial recoverable reserves of the field are 39 million tonnes of oil and around 33 billion m3 of gas.

 

Hydrocarbons produced at Rakushechnoye will be delivered to the central processing platform of Vladimir Filanovsky field for treatment, to be further exported via the CPC pipeline.

 

To read the news in Russian

 

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