Middle East Economic Survey

VOL. XLVIII

No 32

8-August-2005

Caspian

Lukoil Abandons First Well In Kazakhstans Offshore Tyub-Karagan Block

Lukoil Overseas on 2 August said that the first exploration well drilled in Kazakhstans offshore Tyub-Karagan block would be abandoned. The well was spudded in late April and drilled to a depth of 2,500ms using the Astra jack-up rig (MEES, 16 May and 27 June). Tyub-Karagan Operating Company, operator of the contract area, is a 50:50 joint venture between Lukoil...