Russia's Lukoil announced late Tuesday that oil production from its Yuri Korchagin field in the Caspian Sea has passed the five million tons (38.6 million barrels) mark.
Production at Yuri Korchagin began in April 2010.
Its proven oil reserves are estimated at 113 million barrels and in 2014 the field produced 11.3 million barrels of oil.
Lukoil…