Chechnya sees potential for 'nontraditional' deposits

07/26/2004
This article is a discussion of the state of the oil and gas industry in the Chechen Republic, the need for introduction of modern technology to revitalize it, and the potential for adding significant reserves by drilling to deeper formations.It recounts the main stages of discovery of oil deposits in Middle Miocene, Cretaceous, and Upper Jurassic and delineates the prospects for future exploration of hydrocarbons required to increase oil and gas production on the territory of Chechen Republic in the peaceful time.IntroductionAn improvement of the economic and social prosperity of the people of the Chechen Republic is greatly related to recovery of the destroyed oil and gas industry and t...
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