KazMunaiGas-Lukoil unit to spud Tub-Karagan well

By OGJ editors

HOUSTON, Dec. 22 -- Kazakhstan operator Tub-Karagan Operating Co. BV, a subsidiary of KazMunaiGas and Lukoil Overseas Holding Ltd., plans to begin drilling an exploration well in spring 2005 in the 1,372-sq-km Tub-Karagan sector in the Caspian Sea off Kazakhstan. GeoTeniz of Kazakhstan completed field engineering and geological operations in mid-December.

Tub-Karagan said it would drill to 2,500 m to assess the oil and gas potential of Jurassic, Cretaceous, and Triassic sediments. Astrakhan-based Lukoil-Shelf has mobilized its Astra jack up rig for drilling in water 7-10 m deep.

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