VOL. XLV

No 13

1-April-2002

CASPIAN

AIOC Spuds First Well Of ACGPhase 1 Program

TheAzerbaijan International Operating Company (AIOC) has begun drilling the firstwell of its Phase 1 Azeri-Chirag-Guneshli Full FieldDevelopment (ACG-FFD) program. BP, operator of AIOC, told MEES that the well was spudded on 24March with the semi-submersible Dede Gorgud rig in 127ms of water with a target depth of2,569ms. The well is the first of eight in a pre-drilling program that shouldfinish in 2005. BP said...