 | Second Talysh Daniz / Lankaran-Daniz well also dry |
Only insignificant gas reserves have been discovered by the second exploratory well on Talysh Daniz / Lankaran Daniz prospect, according to a SOCAR source. The well was bored to the project depth of 4,400 meters.
The Baku office of “TotalFinaElf”, contract operator, has confirmed the fact of completion of the drilling operations, but declined to elaborate the results.
It is indicative that drilling operations on the first well were suspended at the depth of 1,000 meters due to technical difficulties.
However, according to a SOCAR source, this does not mean that the prospect is devoid of hydrocarbon reserves and it is necessary to wait for the results of the third appraisal well to be drilled later this year.
Partners in the Talysh Daniz / Lankaran Daniz contract are SOCAR (25%), TotalFinaElf (55%), Iranian OIEC (10%), and German Wintershell (10%).*
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Issue: April, 19, 2001
OFFICIAL INFORMATION
Government reshuffling started
ECONOMICSSecond Talysh Daniz / Lankaran-Daniz well also dryOPEC to regulate oil outputMerger of exchanges not anticipatedMusavat concerned with gov’t reform95% of collective farm property privatized
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