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Rosneft and Lukoil Commenced Joint Drilling Works

Published Jun 23, 2014 3:30 PM by The Maritime Executive

Rosneft and Lukoil began the construction of prospecting and appraisal well ? 1 at Ribachya structure as part of geologic exploration of North Caspian licensed site, situated in a Russian sector of North Caspian water area. The project is operated by the Caspian Oil Company. The planned drilling depth is 1650 meters. The aim of well drilling is to explore the geologic structure and to detect oil and gas deposits, as well as to evaluate their commercial significance.

The participants of the project pay special attention to strict requirements of ecological security of works at Caspian shelf and to security of sea wells drilling and exploitation adherence.

In terms of the Plan on prevention and response to emergency situations at building prospecting and appraisal well ? 1 at Ribachya structure a session of training maneuvers was successfully held. The topic of the training was response to sea accidents of regional significance using emergency response teams.

The products and services herein described in this press release are not endorsed by The Maritime Executive.