VOL. XLIV
No. 23
4-June-2001
CASPIAN
OKIOC Starts Kashagan Appraisal Stage With Third Test Well
The Offshore Kazakstan International Operating Company (OKIOC) has announced the spudding of its third test well in the offshore Caspian Kashagan field on 23 May, marking the start of the appraisal stage of the fields development. According to OKIOCs operator, Eni, Kashagan is estimated to hold recoverable reserves of no less than 10bn barrels of crude. The new well is located approximately 10km north...
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