Coming to terms with risk in Caspian region yields more realistic production, investment outlook

This is the second of Wood Mackenzie's two-part review of the upstream Caspian Sea region. In the first part, the authors analyzed the reserves and production potential in Azerbaijan, Kazakhstan, Turkmenistan, and Uzbekistan and ranks companies' positions in those countries (OGJ, July 24, 2000, p. 38). In this article, the authors analyze the level of investment required to develop the reserves and meet the ambitious production targets.The Caspian Sea region is entering an exciting new phase as key exploration and development projects move into critical stages.For years, the large resources of the Caspian remained undeveloped, as Soviet governments refused access to foreign invest...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected