Volkovo (Russian: Волково) is a rural locality (a selo) in Dubovskoye Rural Settlement, Yelansky District, Volgograd Oblast, Russia.

[3] Volkovo is located on Khopyorsko-Buzulukskaya Plain, on the bank of the Yelan River, 15 km northwest of Yelan (the district's administrative centre) by road.

Babinkino is the nearest rural locality.

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