After the Caspian oilfield named after V.Filanovsky is put in operation in 2016, LUKOIL´s oil production in the Caspian Sea will exceed 7 m tons a year. The state was made by the Regional Government of Astrakhan Region. The agency informs that additional 7 wells were drilled at the operating Yu. Korchagin oilfield, and the total number of wells makes 25. Almost 1.7 m tons of oil has been produced from this block.
Oilfields named after V.Filanovsky and Yu.Korchagin are located in the Russian sector of the North Caspian. The Korchagin field was launched in 2010. The reserves are estimated at 270 m barrels of oil equivalent. V. Filanovsky field is scheduled to be launched in August 2016.