Lukoil was planning to drill for tightoil in Siberia with Total.
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About 18 percent of this will come from tightoil.
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Environmental concerns over fracking may cast a shadow over the development of tightoil extraction.
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The Company operates non-conventional projects, such as tightoil, oil shale, shale oil and shale gas.
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It also said it had uncovered a layer of tightoil, which was 796 meters deep.
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Up to 2020, we expect the light, tightoil to increase - I would call it a surge.
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RESERVES In the United States, the Bakken, Eagle Ford, Niobrara and Permian fields hold large resources of tightoil.
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U.S. light, tightoil supply could fall by nearly 400,000 bpd next year, the agency said.
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Last year, the IEA said U.S. production of light tightoil from shale formations was "a game-changer in the making".
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In 2012, tightoil output will reach 720,000 bpd, or 12.5 percent of domestic production, it said.
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The short-term outlook for U.S. light tightoil production remained unchanged at current prices, it said, as long as producers had access to financing.
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Even onshore in the United States, a boom in development of so-called tightoil is outweighing the impact of a glut of gas capacity.
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There is currently little information available about the total amount of reserves recoverable from tightoil because the extraction technology is still in development.
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Indeed, the projections show North American tightoil volumes increasing from 4.4m barrels a day at present to 5.2m barrels in 2020.
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Tightoil production in the US is likely to peak before 2020.
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Tightoil should not be confused with oil shale, which contains kerogen.