SeaEnergy ships carry petroleum in the Caspian Sea

The tankers managed by SeaEnergy started petroleum freighting from Yuri Korchagin field in the Caspian Sea. The first operation has succeeded.

SeaEnergy vessels have received a technical approval by the field’s operator LUKOIL-Nizhnevolzhskneft OOO and have been allowed to execute loading operations on the field.

Petroleum has been loaded on SeaEnergy tankers from the storage situated in the open sea, and has been unloaded in the port of Baku, the Republic of Azerbaijan.

Reference:

The Yuri Korchagin field is located in the Russian waters of the North Caspian Sea at a sea depth of 11-13m. It is located 180km from the city of Astrakhan and 240km from Makhachkala. The field was discovered in 2000 and its first oil was extracted on 28 April 2010. 

3P reserves (proven, probable and potential) are estimated to be 570 million boe. Extracted reserves are estimated to be 28.8 million tons of crude oil and 63.3 bn m³ of gas.

Maximum production rate of oil and gas condensate is 2.3 million tons per annum and 1.2 billion cubic m of gas per annum.