Middle East Economic Survey

VOL. XLVIII

No 20

16-May-2005

CASPIAN

First Exploration Well In Offshore Tyub-Karagan Block Spudded

Russias Lukoil on 3 May announced that its first exploration well in Kazakhstans offshore Tyub-Karagan block had been spudded. The well has a target depth of 2,500ms and will be drilled by the Astra jack-up rig in 7ms of water. Lukoil-Shelf of Astrakan will operate the well, which is to be drilled on a zero-discharge basis with all industrial waste recycled. Drilling and...