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Gulf Drilling Azerbaijan introduces new drilling rig

Economy Materials 22 September 2015 16:19 (UTC +04:00)
Gulf Drilling Azerbaijan, which is a subsidiary service company of the United Arab Emirates (UAE) Gulf Drilling Supply FZE in Azerbaijan, held a presentation of a new drilling rig.
Gulf Drilling Azerbaijan introduces new drilling rig

Baku, Azerbaijan, Sept. 22

By Maksim Tsurkov - Trend:

Gulf Drilling Azerbaijan, which is a subsidiary service company of the United Arab Emirates (UAE) Gulf Drilling Supply FZE in Azerbaijan, held a presentation of a new drilling rig.

Drilling rig ZJ-20 is made by order of company in China with the latest technology and fully financed by foreign investment. The rig costs 5 million manats (AZN). The official exchange rate of September 22 is 1.0482 AZN/USD.

Rig is capable of drilling on land-based oil and gas fields at a depth of 2000-2400 meters, and carrying out capital repairs on older wells to a depth of 4,500 meters. The nominal capacity of the installation is 120 tons. Engine power is 450 kW or 610 horsepower, tower height is 35 meters.

Rig imported to Azerbaijan in early August installed in the territory of "Ramana" field, where the well will be drilled. The company has already determined the amount of work for the installation. First, the installation will be carried out drilling on request of AzGerneft LLC. This year, two wells will be drilled for the company next year - four wells.

One of the main advantages of the installation is that it is compact and mobile, and if necessary transportation from one field to another is easily dismantled.

Currently, the company Gulf Drilling Azerbaijan conducts drilling of 5 wells of "Surakhani", "Balakhani" and "Ramana" oil fields.

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Follow the author on Twitter: @MaksimTsurkov

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