LOTOS

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  • 25 years ago: first Polish crude oil from the Baltic Sea deposits
    Upstream activity 2017-05-29 25 years ago: first Polish crude oil from the Baltic Sea deposits

    Twenty-five years have passed since production was launched at the B3 field on the Polish Baltic Sea, and the Tarnobrzeg tanker reached the Northern Port of Gdańsk with the first delivery of Petrobaltic’s crude oil from the field.

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  • New oil fields in Norway
    Upstream activity 2016-09-01 New oil fields in Norway

    A new crude oil field discovered in the Norwegian sector of the North Sea opens up new opportunities for LOTOS Norge’s growth and adds to its production potential.

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  • LOTOS to exploit the potential of the Yme field
    Upstream activity 2016-08-25 LOTOS to exploit the potential of the Yme field

    A breakthrough was made towards redevelopment of the Norwegian Yme field, in which LOTOS Norge holds a 20% interest. The faulty production platform has just been removed from the field, to facilitate further work on its full development.

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  • More hydrocarbons for LOTOS in Norway
    Upstream activity 2016-08-09 More hydrocarbons for LOTOS in Norway

    Statoil, LOTOS Norge and Total Norge, which together hold the Utgard licence (formerly Alfa Sentral), have submitted the Plan for Development and Operation of the licence to the Norwegian and British regulators. Production from the Utgard field is scheduled to start in late 2019.

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  • LOTOS reports record-high volumes of production
    Upstream activity 2016-04-04 LOTOS reports record-high volumes of production

    In the first quarter of 2016, LOTOS produced over 2.5 million barrels (ca. 350 thousand tonnes) of oil equivalent (boe), which translates into a daily production volume of almost 30 thousand boe. To compare, production in the first three months of 2015 amounted to some 1 million boe. Three-fourths of the volumes come from fields in Norway, while the balance was produced in the Baltic Sea and in Lithuania.

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  • LOTOS increases crude oil production
    Upstream activity 2016-02-12 LOTOS increases crude oil production

    In February 2016, total production of crude oil by LOTOS Petrobaltic, LOTOS Norge and LOTOS Geonafta, which operate in Poland, Norway and Lithuania, crossed the mark of one million barrels. 

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  • LOTOS acquires new assets in Norway and delivers a strategic objective
    Upstream activity 2015-11-02 LOTOS acquires new assets in Norway and delivers a strategic objective

    LOTOS Exploration and Production Norge AS has entered into an agreement with ExxonMobil Exploration and Production Norway to acquire a portfolio of assets in the Sleipner gas field located in the North Sea.

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  • First oil produced by LOTOS from the B8 field
    Upstream activity 2015-10-06 First oil produced by LOTOS from the B8 field

    LOTOS Petrobaltic, the sole company engaged in crude oil and natural gas exploration and production in the Polish economic zone of the Baltic Sea, has launched initial production from a new field. The field is the B8 oil field, holding an estimated 3.5m tonnes of oil.

     

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  • LOTOS Petrobaltic rig ready to launch production from the B8 field
    Upstream activity 2015-05-21 LOTOS Petrobaltic rig ready to launch production from the B8 field

    In the Nauta Shipyard of Gdynia, an overhaul of the LOTOS Petrobaltic drilling rig, undertaken to renew the rig’s classification certificate, has been completed. All work was designed to further improve safety-at-work and environmental performance.

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  • LOTOS continues to make progress on its Baltic Sea B8 field development plan
    Upstream activity 2015-02-06 LOTOS continues to make progress on its Baltic Sea B8 field development plan

    Seeking to achieve a reasonable rate of return on its investment and considering the difficult situation on the global oil market, LOTOS Petrobaltic has made a decision to modify its plans for upgrading the ‘Petrobaltic’ rig. At the same time the company would like to clearly state that other work on the development of the B8 field is progressing on schedule.

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