Former Soviet Union – Caspian Basin
•Paleozoic of Kazakhstan has greatest
production potential.
•Kashagan and Tengiz Fields will produce at
high rates.
•Fractured carbonate reservoirs present well
evaluation challenges.
•Combination of shallow water and raft ice
makes offshore Caspian operations difficult.
•Wood MacKenzie estimates that oil production
offshore Azerbaijan could exceed 1 million barrels per day.