Unconfirmed reports from local industry sources in Kazakhstan state that Satpayev Operatingâs (ONGC-Videsh 25%, KMG 75%) second mandatory well offshore Caspian has been successful having tested unspecified volume of oil. Exploration well STPZ-1 was drilled by the Satti rig on the PZ1 structure in the Satpayev block between June-November this year. The wellâs purpose was to explore potential targets in Mesozoic and Paleozoic formations. The wellâs planned TD was 3,500 m in the Bashkirian (Middle Carboniferous). Water depth at the drill site is 7.0-7.5 m. The operatorâs first well, STP-1 was drilled in 2015 and was unsuccessful.
Kazakhstan, not found