5 May 2017 14:57

Lukoil to drill two prospecting wells at Baltic D18, D19 blocks before end-2017

MOSCOW. May 5 (Interfax) - Lukoil plans to drill two prospecting wells the D18 and D19 blocks on the Baltic Sea shelf before the end of the year, a company source told Interfax.

A well drilled earlier at the D33 field confirmed the field's geological structure, the source said.

The source said the company would start drilling a first well at the D41 field in 2018 and had already started to look for a contactor.

"The company is now working on a general strategy to develop offshore fields in the Baltic. Once this has been approved, a specific timeframe for the D29 field's development will be decided," the source said.

Lukoil says in information that it has called a tender for the right to provide drilling services at D41. The contractor will provide a drilling rig and personnel to drill and operate wells with horizontal tail-in.

The site for wells to be drilled at D41 is located 3 km east of the settlement of Kulikovo, 2.5 km west of the settlement of Malinovka and 300 meters from the Baltic Sea in the Kaliningrad region's Zelenograd district. The site is 39 km from the city of Kaliningrad.

Applications to bid at the tender will be accepted until May 17 and the deadline for submitting bids is June 15. The bids will be opened on June 16 and the results will be known on June 29.

Three oil fields - D41, D33, D6 South - were discovered on the Baltic Sea shelf in 2015.

The government granted rights to hydrocarbon exploration and production at the D33 field in the Baltic Sea to Lukoil-Kaliningradmorneft LLC in 2016. Recoverable oil reserves total 21.2 million tonnes.

Lukoil-Kaliningradmorneft also received the rights to subsurface sections of federal significance, including the oil fields D41 and D29 in the Baltic Sea, and a production license for the D6 South field on the Baltic Sea shelf. D6 South contains recoverable C1 reserves of 567,000 tonnes and C2 - 2.443 million tonnes of oil and C1 gas reserves of 10 million cubic meters and C2 - 44 mcm.