Total: discoveries on Aktote and Kashagan SouthWest
Posted: 26 November 2003
Total announces the discovery of hydrocarbons with the successful
completion of the offshore exploration wells on Aktote and Kashagan
SouthWest prospects.
The wells are located in the Kazakhstan sector of the Caspian Sea
and are adjacent to the giant Kashagan field that was declared a
commercial discovery in June 2002.
The Aktote-1 well was drilled from an artificial island to a total
depth of 4,267 metres. The well was tested under restricted flow
conditions at a rate of 1,550 barrels per day.
The Kashagan SouthWest-1 well was drilled to a total depth of 5,875
metres. The well was tested at a rate of 2,200 barrels per day.
An evaluation is currently underway to determine the potential
of these discoveries.
The Aktote and Kashagan SouthWest discoveries are located on the
blocks attributed to the consortium holding a production sharing
contract in the northern area of the Caspian Sea (Total 20.37 per
cent*).
* Upon completion of the sale of BG International's interest.
Total is a partner in the association operated by Agip KCO that
groups six international companies: Eni, ExxonMobil, Shell, Total,
ConocoPhillips and Inpex, after BG's exit.
For more information see www.total.com
Posted by Richard Price,
Editor Pipeline Magazine
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