VOL. XLII

No. 22

31-May-1999

FSU

BP Amoco-Led Shah Deniz Encounters Hydrocarbons At FirstWell

BP Amoco and Azerbaijan痴 state-owned oil company Socarannounced on 27 May that the first well drilled into the offshore Shah Denizstructure (SDX-1) has encountered hydrocarbons at its target depth of 6,316metres. A statement released by the consortium quoted BP Amoco痴 AzerbaijanBusiness Unit Leader Andy Hopwood as saying: "These preliminary resultsare encouraging and the normal data gathering and...