President of LUKOIL Vagit Alekperov and Head of the Republic of Komi Sergey Gaplikov brought into operation a facility for the treatment and gathering of oil, and a water-treatment unit, at Yaregskoye field in the Republic of Komi, today. The capacity of the first stage of the facility is 1.75 million tons of oil per year.
The water-treatment unit was built to clean the formation water and generate steam to be injected into pay zones to facilitate production of highly viscous oil. The capacity of the unit is 700 cubic meters of water per hour.
The development of the highly viscous oil of Yaregskoye field is one of the key projects supporting the growth of LUKOIL Group. Development plans for Yaregskoye oil field provide for construction of more than 20 facilities, including steam generating units and a 75-megawatt power plant. The project will allow to raise oil production at Yaregskoye field up to 3.5 million tons compared against 0.7 million tons in 2015.