Large Discovery in the Caspian
LUKOIL AND GAZPROM DISCOVER LARGE FIELD IN RUSSIA’S SECTOR OF THE CASPIAN
A major oil-and-gas-condensate field has been discovered at Tsentralnaya structure in the Caspian by OOO TsentrKaspneftegas (a joint venture of OAO LUKOIL and OAO Gazprom).
The oil-bearing structure where the discovery occurred is situated in the central part of the middle Caspian on the border between Russia and Kazakhstan within Russia’s sector of the sea 150 kilometers to the East of the city of Makhach-Kala.
A 3D seismic study is to be conducted to delineate the discovered reservoir.