Turkmenistan plans large-scale development of shallow water of Caspian Sea
The state concern Turkmenneft will launch a broad-scale exploration of northern Goturdepe field, located in the shallow waters of the Caspian Sea in coming years. Resources of the Turkmen sector of the Caspian Sea are estimated at 12 billion tons of oil and 6.5 trillion cubic meters of gas. At present the drilling of two exploration wells and two production wells is nearing completion. The wells discovered new pay zones, during testing of which a gushing flow of oil was obtained. Currently, the state concern operates for about three dozen fields, including more than 600 oil and oil and gas fields at different stages of development.
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