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SOCAR launches 3D studies under new contract

Oil&Gas Materials 1 December 2011 14:42 (UTC +04:00)

Azerbaijan, Baku, Dec.1 / Trend, E. Ismayilov /

The State Oil Company of Azerbaijan (SOCAR) has launched three-dimensional (3D) geophysical studies on the Zig-Hovsan fields and "Guru-Deniz" site developed by Absheron Operating Company Limited, a source in SOCAR told Trend.

He said work is scheduled to be completed within three or four months.

"It all depends on weather conditions, as part of the work is carried out in the sea," the source said.

Also, according to the source, SOCAR will conduct data processing and interpretation of the received data.

But at the same time, according to the source, customer may also conduct additional data processing in Russia.

The participants of PSA to develop a block of onshore fields Zig-Hovsani are SOCAR (25 percent) and Global Invest (75 percent).

Zig-Hovsani fields are located in the southern part of the Apsheron Peninsula. Zig field was discovered in 1935, and Hovsan - in 1948.

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