Large Foreign Operator Finds Oil in Azerbaijan’s Field
Azerbaijan, Baku, 30 March / Trend / According to information from a reliable source close to the drilling operations, INX-2 exploration well which is being drilled at Inam structure by BP Azerbaijan, has found oil.
The bit is reached depth of 5139 meter MDBRT. According to spontaneous potential log data and drilling cuttings analysis oil-bearing reservoir with 10 meter tickness has been revealed in Upper Fasila (middle Pliocene).
SP data indicates up to 10 OhM positive resistivity. The rock is composed of badly sorted clastic minerals, such as feldspar (ortoclase, oligoclase, etc.) with high content of clay, which is more typical for Paleo-Kura deltaic system.
"Without taking core sample and having Modular Dynamic Tester it is impossible to say about potential recovery rate and commercial importance of the revealed reservoir," the source said.
It is supposed that at Lower Fasila and Upper Kirmaku Sandy reservoirs rocks might be composed of well sorted quartz minerals with high oil-recovery rate, more typical for Paleo-Volga.
According to the expert opinion, in order to be commercially proven, net pay of oil-bearing rocks at Inam should be at least 25 meters and with good reservoir data.
The well is being drilled in the contracted area of 225 sq km, which is 140km south of Baku. The depth at the area varies between 45 and 200 m.
The sides to the Inam project are the State Oil Company of Azerbaijan Republic (50%), BP (25%, operator), the Korean National Oil Corporation (20%) and Shell (5%).