Report summaryThe Dragon Oil-operated Cheleken Contract Area contains two oil fields in the Turkmen sector of the Caspian Sea. They lie 10-40 kilometres offshore, in shallow waters, and are exploited using fixed platforms. Dzheitune and Dzhygalybeg are often referred to by their old Soviet names of Lam and Zhdanov.Dragon Oil signed a PSC in 2000 and investment and production levels have since increased substantially. Dragon Oil reached its targeted rate of 100,000 b/d in June 2015. An active drilling ...
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