Lukoil to Drill in Baltic Sea
10.04.2016

Lukoil to Drill in Baltic Sea

Lukoil to Drill in Baltic Sea

Lukoil, Russia’s largest privately owned oil company, will drill for oil in the Russian sector Baltic Sea.

According to a statement on Wednesday, Lukoil’s subsidiary LUKOIL-Kaliningradmorneft has been granted exploration and production rights for an offshore block with includes D29 and D41 oil fields.

The fields were discovered in 2015. Lukoil used jack-up drilling rig “Arktichesksaya” of Gazprom Flot to drill the exploration wells.

According to Lukoil, recoverable oil reserves are estimated as 2.126 million tons at D29 field and 2 million tons at D41 field.

Source: www.offshoreenergytoday.com

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