SOCAR Planning to Drill Exploration Well in Offshore Field

Oil&Gas Materials 25 November 2008 16:52 (UTC +04:00)

Azerbaijan, Baku, 25 November / corr Trend E.Ismayilova / At the end of 2008 or beginning of 2009 oil and gas production unit Narimonov of the State Oil Company of Azerbaijan (SOCAR), is planning to drill an exploration well in Bulla Deniz-82 platform, SOCAR said on November 25. 

"Construction of the platform is currently underway. Depending on the processes here, the drilling will be launched either by the end of December or beginning of 2009," the source said.

The project depth of the new well makes up 6,400 meters.

The estimated daily output of the well will comprise 500,000 cubic meters of gas and 80 tons of gas condensate.

At the beginning of 2009 it is also planned to drill wells in area 572 in the 'March 8' offshore field.

The project depth of this well is 5,800 meters, while so far it has been succeeded to drill 5,261 meters. The estimated daily output of the well will reach 300,000 cubic meters of gas and 30 tons of oil and gas condensate.

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