Middle East Economic Survey


No 26



Lukoil To Drill Second Well In Yalama D-222 Concession

Russias Lukoil has agreed to drill a second well in Azerbaijans offshore Yalama D-222 concession and is expected to select the site within the next four months. Lukoil finished its first well in the block earlier this year using the Lider rig, which had to be moved after encountering high water pressure (MEES, 29 November 2004). The completed well failed to discover any...