VOL. XLIV

No. 19

7-May-2001

CASPIAN

AKD Petroleum Spuds Second Well InKurdashi Block

Agip Azerbaijan BV, a subsidiaryof Italy痴 Eni and operator of AKD Petroleum BV, began drilling its second wellin Azerbaijan痴 offshore Kurdashi block on 1 May. AKD will use thesemi-submersible Dada Gorgud rig to drill to a target depth of 4,051ms. Drillingis scheduled to take 60 days. The consortium痴 first well in the block,Araz-Deniz-1X (AD-1X), was spudded in April 2000 and finished last June afterdrilling to a...