OREANDA-NEWS. LUKOIL Group (subsidiary companies and LUKOIL’s share in output by affiliated companies) total hydrocarbon production available for sale reached 2.24 million boe per day in the first quarter of 2007, up 7.3% y-o-y.

Crude oil output of LUKOIL Group totaled 2,005 thousand bpd* (up 6.5% y-o-y), or 24.431 million tons. LUKOIL subsidiary companies produced 23.755 million tons of crude, up 7.4% y-o-y. Average flow rate per oil well at LUKOIL fields in Russia increased from 11.15 to 11.25 tons per day.

Natural and associated gas output of LUKOIL Group available for sale was 3.58 bcm, which is 14.1% more than in the first quarter of 2006. Natural gas output available for sale was 2.54 bcm, up 16.6% y-o-y.