Middle East Economic Survey
VOL. XLVII
No 48
29-November-2004
CASPIAN
Lukoil Forced To Shift First Well In Azerbaijans Yalama Block
Russias Lukoil has been forced to move its first exploration well in Azerbaijans offshore Yalama D-222 block, according to its partner in the project, Azerbaijans state-owned oil company Socar. A Socar official was quoted by Reuters as saying that drilling was halted at a depth of 1,600ms and the well was abandoned because high water pressure in the reservoir had...
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