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Bolshekhetskaya Depression

The Bolshekhetskaya Depression fields form the backbone of the LUKOIL Group’s gas production, with the design production at the said fields reaching 20 bcm, and proven gas reserves totaling 2.0 trillion cu. ft. In 2015 production of commercial gas totaled 7.7 bcm.

The Company’s core active gas field is Nakhodkinskoye, commissioned in 2005. It accounts for most of the Company’s natural gas production in Russia (about 89%).

Nakhodkinskoye field accounts for most of the Company’s natural gas production in Russia (about 89%). In 2015 it produced 7.7 bcm of gas. As of late 2015 the field’s proven reserves were 2.0 trillion cu. ft of gas. The gas produced at the field is delivered via a 117 km long pipeline to the Yamburgskaya gas compressor station and on into the transportation system of PJSC Gazprom. Under an agreement between LUKOIL and Gazprom, all of the gas produced at Nakhodkinskoye is bought by Gazprom.

At other fields of the Bolshekhetskaya Depression preparations for bringing such fields into development were continued.

The sites have been using new technology, in particular, application of rotary controlled systems in horizontal drilling, which made it possible to bump up the overall drilling speed at Pyakyakhinskoye by 16.6%, which in its turn accounted for reduced well construction times and costs.

Pyakyakhinskoye Field In 2009 LUKOIL went ahead with the construction of infrastructure facilities at Yamal's new prospective Pyakyakhinskoye field. Commencement of the first production is scheduled for 2016 alongside with commissioning of the Zapolyarye-Purpe trunk pipeline (JSC Transneft).

In 2015 the Company commenced active development of the field that is set for commissioning in 2016. Drilling of oil and gas condensate wells goes on. As of late 2015, 60% of the main infrastructure facilities was completed, including erection of a gas treatment plant, oil treatment plant and petroleum gas compressor station. Transportation facilities are 55% completed. Infrastructure construction is complete.