Caspian region

The article on Caspian region's future hydrocarbon reserves and production potential (OGJ, July 24, 2000, p. 38) is interesting for newcomers to this theatre, but a little out-of-fashion for those who have been scouting for opportunities since the break-up of FSU. The assumption that the Caspian Basin is the only region where "Risk management and financing capacity" are two key questions is simply a naThe second item to note is the over optimistic and most simplistic projections on productions from the Caspian Basin. Such high-profile production figures (3.5 MMbbl by 2010) are neither geologically deliverable (at this stage of understanding) nor marketing (of productions) attainable w...

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