Lukoil PJSC (LKOH.MZ) said Thursday that it has finalized drilling on its eighth well at the Vladimir Filanovsky field in the Caspian Sea, which is flowing at a rate 2,800 tones of oil a day.
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As a result, the project's total production has reached 16,500 thousand tons of oil per day, or 6 million tons on an annualized basis, the Russian oil company said.
It added that at present, there are six producing wells and two water injectors in operation at the field.
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(END) Dow Jones Newswires
October 26, 2017 03:39 ET (07:39 GMT)