SOCAR Prepares to Put into Operation High Flow Rate Well in Large Offshore Field

Oil&Gas Materials 10 December 2008 11:45 (UTC +04:00)

Azerbaijan, Baku, 10 Dec/ Trend corr E. Ismayilov/ SOCAR (State Oil Company of Azerbaijan) plans to put into operation new high flow rate gas and condensate well in Gunashli-14 platform at the end of Dec, a source in SOCAR said.

"We expect new well to be put into operation by the end of the year," a source said.

Depth of the well makes up 2,970 m and daily flow rate - 300,000 cu m of gas and 50 tons of condensate, a source said.

Gunashli is the largest oil and gas field developed by SOCAR. The field accounts for 60% of oil and 70% of gas produced by SOCAR.

New wells are drilled under the Program of Development of Oil and Gas Extracting Unit (2008-2009) which develops Gunashli field. Oil production is expected to be stabilized and output of a natural gas is expected to be increased in accordance with the program.

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