Lukoil Reaches 100mmt of Oil at West Qurna-2
Russia's oil producer Lukoil said cumulative production at the West Qurna-2 field has reached 100 MMt of oil as part of successful implementation of Phase 1 of the project.
With 184 wells drilled at the field, the average daily production rate is 400,000 bbl, it said in a press release.
To manage the field's production, LUKOIL uses the intelligent field concept which allows to control and adjust where necessary the production indicators in real-time.
In 2018, the company started Phase 2 of the field's development which envisages growth in daily production to 480,000 barrels in 2020 and to a plateau of 800,000 barrels per day in 2025. In January 2019, the drilling of 28 wells began on well pad #4.
As of today, contracts have been signed to drill 57 production wells, including 54 at the Mishrif and 3 at the Yamama formations.