Lukoil completes testing of new well in Caspian Sea

The Russian company Lukoil has completed testing a new well in the Caspian Sea, Report informs citing RIA Novosti.

According to the company's statement, testing of the second well at the Titon structure in the Caspian Sea has been completed, hydrocarbon reserves may reach 140-150 million tons of fuel equivalent.

Other News

SOCAR and Samsung E&A ink memorandum 25 February, 2026 / 14:08
Gas prices in Europe fall to $385.6 24 February, 2026 / 12:34
Azerbaijani oil price surpasses $73 24 February, 2026 / 10:00
Gas prices in Europe fall 3.5% 23 February, 2026 / 13:09
Oil prices fall over 1% 23 February, 2026 / 10:02
Azerbaijani oil prices fall slightly 21 February, 2026 / 10:08