Halliburton begins drilling exploration well for LUKOIL

Halliburton announced that it launched drilling operations in the Zhuravlinaya area of the Vostochno-Taimyrsky license block for LUKOIL in early April. The project involves Halliburton constructing a 5,500-m exploration well in addition to delivering an integrated service package, which includes directional drilling, drill bits, drilling fluids, well cementing and other services.

“We have worked with LUKOIL for months to collaborate and engineer solutions to maximize their asset value in the Vostochno-Taimyrsky block,” Graeme Taylor, Vice President of Russia for Halliburton, said. “We are excited to start the execution phase of this unique project and to help LUKOIL achieve success in Russia’s eastern Siberia region.”

“As one of the leading service providers in the oil and gas sector, Halliburton brings significant experience to our project,” Vitaly Kovalev, Deputy GD, LUKOIL WS, said.

The well is expected to be completed in approximately one year.