LUKOIL Sets World Record In Horizontal Drilling

02.03.2015
Courtesy of lukoil.com

LUKOIL-Nizhnevolzhskneft has established a new world record in horizontal drilling with a significant bottom displacement. Well No.108, drilled from an offshore ice-resistant stationary platform at Yuri Korchagin field in the Caspian Sea, went down 4,908 meters in the 9.5-inch section, in one run, without any tripping.

The new record has been confirmed in the Schlumberger/Smith Bits world database.

Well No.108, a mere 1,565 meters deep, has a total length of 8,005 meters, which is the largest figure as part of the Korchagin field development project.

The previous world record in this category was also set by LUKOIL in the Caspian Sea while drilling well No.103, as a result of which two oil-bearing strata, the field’s first, were discovered. In addition, well No.103 also set an in-house record of penetration rate.

LUKOIL is a major international vertically-integrated oil & gas company, accounting for 2.1% of global output of crude oil.

Most activity is concentrated in four federal districts of the Russian Federation: the North-West, the Volga, the Urals and the South. The Company's main resource base and oil production region is Western Siberia which accounted for 44% of proved hydrocarbon reserves and 49% of LUKOIL’s hydrocarbon  production in 2012.

Source: lukoil.com

 

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