| Total announces the successful drilling and testing of its first exploration well on Kairan. The well is located in the Kazakhstan sector of the Caspian Sea approximately 40 kilometres east of the Kashagan field. The development plan and the launch of the first phase of investment were approved last February.
Kairan-1 was drilled from an artificial island to a total depth of 3 850 metres and encountered an hydrocarbon accumulation in the Permian carbonate reservoir. The well was tested at a rate of 4,100 barrels of oil per day. An evaluation is currently underway to determine the potential of this discovery.
Kairan is the fifth discovery in the blocks attributed to the consortium holding a production sharing contract in the northern area of the Caspian Sea, the others being Kashagan, Kalamkas, Kashagan Southwest, and Aktote.
Total is a partner in the consortium operated by Agip KCO that groups seven international companies: BG (sale of interest pending closing), ConocoPhilipps, Eni, ExxonMobil, Inpex, Shell and Total. |
