Petronas Makes Discovery in Caspian Sea

Petronas Carigali makes discovery in the Turkmenistan sector of the Caspian Sea with the East Livanov-2A well. The well flowed at a test rate of 19.03 million cubic feet per day of natural gas and approximately 14,198 barrels per day of oil. The well is located in Block 1 and was drilled by the jackup, Iran Khazar. This is the third well drilled in the East Livanov area.

Petronas operates Block 1 according to a production sharing contract with Turkmenoil, the Turkmenistan national oil company and holds 100% interest in the block.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles
Related Articles

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours