FIRST TENGIZ OIL WELL PLACED ON PRODUCTION

The Soviet Union reports the first well in giant Tengiz oil field near the northeast coast of the Caspian Sea in Kazakhstan is on production. The Moscow newspaper Trud said oil is flowing from No. 8 well. It did not disclose the volume. Trud said Tengiz production can rise to 700,000 b/d "in the very near future," but said nothing about progress on drilling and completion of other wells.

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