Ohlund, 35, has increased his exercise reps in his knee from 10 to 20 over the last two months and feels better, but there's still a significant amount of work to be done.
"And I'm not laying on the couch with my knees up and ice packs on them," Ohlund said. "My daily activities are perfectly fine."
According to the Times, there is no guarantee the surgery will allow him to play again. Ohlund has four years and $11.75 million left on his contract.
"He was such an important part of our team (in 2010-11)," Lightning GM Steve Yzerman told the Times. "If we were able to get him back it would be a big help."