VOL. XLIII
No. 13
27-March-2000
CASPIAN
Russias Lukoil Reports Large Oil Discovery In North Caspian
Lukoil, Russias largest oil company, announced on 23 March that it had made a crude oil discovery in what it described as the Russian sector of the Caspian. A statement released by Lukoil said the company had completed drilling its first well in Khvalynskoye field within the Severny license area of the Caspian Sea, and after drilling to a depth of 4,200 ms, the well discovered seven oil and...
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