The project was implemented under the Production Sharing Agreement for "Tub-Karagan" located in Caspian Sea No. 1290 as of December 29, 2003.

The project participants

  • "KazMunayTeniz" JSC OOC - 50%
  • "Lukoil Overseas Shelf B.V." - 50%.

Social Commitment

  • Annual training of Kazakhstani personnel for the amount of USD$500 thousand.
  • Annual funding for social projects for the amount of USD$ 500 thousand.

Works completed under the Project:

  • Detailed 2D-Seismic Survey, scope — 615 linear km (2004—2007);
  • Seismic Data Processed and Interpreted (2005—2009);
  • Geological and Engineering Survey before drilling;
  • Construction of ТК-1 Exploration Well, depth — 2500 m (2005 г.);
  • DNEM Electrical Survey (2006—2007 гг.);
  • Special types of spaceborne measurements, processing, analysis and interpretation of results (2008);
  • Construction of exploration well TK-2, depth - 2150 m (2011).
  • Analysis and summary of the results of exploration work conducted on the Contract Territory (2012).

The project was completed due to the expiration of the exploration period.