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Turkmenistan preparing for deep water drilling at Caspian Sea

Oil&Gas Materials 3 November 2017 20:37 (UTC +04:00)

Ashgabat, Turkmenistan, Nov. 3

By Huseyn Hasanov – Trend:

Turkmenoil (Turkmennebit) State Concern is preparing to start development of deep-water fields in the Turkmen sector of the Caspian Sea, the potential resources of which are estimated at 18.2 billion tons in oil equivalent, Guychgeldy Baygeldiyev, deputy chairman of the state concern, said Nov. 3 at the 22nd International Conference “Oil & Gas Turkmenistan - OGT 2017”.

The first steps in this direction were taken in February 2010 when the work was started at the Northern Goturdepe field, located in the shallow waters of the Caspian Sea.

At present, the technological equipment allow the state concern to drill horizontal and directional wells into deep-lying horizons that yield significant inflow of oil.

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