Azernews.Az

By Aynur Karimova

The drilling of the first appraisal well of the ‘N’ project in the Kazakh sector of the Caspian Sea was started in December 2014, Kazakhstan’s National Company KazMunaiGas told Trend Agency.

“In December 2014, the drilling of the first well in the ‘Shelly Sea’ structure with a depth of 1,600 meters as part of the ‘N’ project’ was started in December 2014,” the company said.

The ‘N’ block is included in the list of prospective projects of KazMunaiGas in the Caspian Sea. An agreement on subsoil use on the ‘N’ project has already been concluded.

Also, agreements on the projects such as ‘Zhemchuzhina’, ‘Zhambyl, and ‘Satpayev’ have been concluded.

“Geological exploration works on the abovementioned projects are now underway. Preparation works on the drilling of the exploration wells over the ‘Satpayev’ project have already been conducted; an exploration well in the ‘Zhetisu’ structure over the ‘Zhambyl’ project has been drilled. Meanwhile,oil and gas potential of the targeted objects has been confirmed,” KazMunaiGas noted.

The ‘N’ block with an area of 8,100 square kilometers is located in the Caspian Sea, 30 kilometers south-west from the Aktau city.

Aynur Karimova is AzerNews’ staff journalist, follow her on Twitter: @Aynur_Karimova

Follow us on Twitter @AzerNewsAz