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Despite of negative results in finding giant and large fields during the last 10–15 yr, the North Caspian basin still remains a highly prospective frontier. Complex geology, great depths to the main subsalt plays, and poor resolution of most seismic surveys caused by the presence of thick deformed salt are responsible for the lack of exploration success. However, the potential for finding world-class fields continues to attract the interest of major international oil companies despite the economic and political instability of the region.

Several regional plays, which were defined approximately 15 yr ago, are still believed to contain the...

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