TODAY.AZ / Business

“Lukoil” company didn’t find hydrocarbon reserves of commercial aims in “Yalama” deposit

28 June 2005 [09:40] - TODAY.AZ
No hydrocarbon reserves were found out in “Yalama” deposit located in Azerbaijan sector of the Caspian Sea during the first drilling process by “Lukoil” company.
Russian mass media spread information on this quoting operator of foreign projects of “Lukoil Overseas” company.

Though gas leakage was discovered during the drilling process by means of ”Heydar Alyev” drilling equipment, no hydrocarbon reserves of commercial aims were discovered. The treaty on prospecting, exploitation and production distribution of “D-222” deposit was signed between SOCAR and “Lukoil” companies in 1997.


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