VOL. XLVI

No 17

28-April-2003

CASPIAN

First Pre-Drilling Well Spudded In Shah Deniz

BP has announced that on 19 April the first of three pre-drilling wells was spudded in Azerbaijans offshore Shah Deniz gasfield using the Istiglal semi-submersible drilling rig. BP is operator of the field and leader of the consortium developing Shah Deniz, which is estimated to have recoverable gas reserves of 625BCM and 750mn barrels of condensate. The well is located in the northeast flank of the field in a...