Baku, Azerbaijan, April 14
By Emil Ismayilov - Trend:
The State Oil Company of Azerbaijan can complete the construction of a new platform in the "Bulla Deniz" field in the Azerbaijani sector of the Caspian Sea by the end of this year.
SOCAR will construct a new platform on the "Bulla Deniz" field in the area where a fire occurred as a result of an accident on August 17, 2013. The fire on the old platform was extinguished, and on October 25, 2013, it was annexed to the gas transportation system.
"The works on the construction of the new platform is likely to be completed by the end of this year, but the exact date is uncertain yet," a source at SOCAR said.
The platform No.122 will be constructed on the basis of the project prepared by the project institute of SOCAR. The platform will be designed to drill three wells and placed in a water depth of 26 meters. According to the estimations, 450 tons of condensate and 2.4 million of cubic meters of gas will be extracted daily from the platform. The platform will be exploited by the oil and gas production department named after N. Narimanov.
As the first vice-president of the State Oil Company Khoshbakht Yusifzade said earlier, considering the block reserves at the field where the well showed a very large debit, a new platform will be built. The reserves of the new block where a high result was achieved are estimated to stand at 10 billion cubic meters of gas.
Translated by S.I.
Edited by C.N.