Azerbaijan, Baku, May 8 / Trend /
Partners of the Shah Deniz project have completed an assessment drilling (SDX-05 well) for support of the second phase of the project, BP reported.
In January 2009, the well reached a total depth of 6,559 meters. A core was selected, the cable was logged. The data is analyzed. Currently, the well is temporarily closed, reported BP.
Drilling of the well was commenced from the Istiglal drilling rig in June 2008. The well is located south east of the field.
Products of the well will be used during planning of the Phase -2 of Shah Deniz project.
Total reserve of Shah Deniz field is 1.2 trillion cubic metre of gas. Some 8.6 billion cubic metres of gas per year will be produced during the first phase and the figure will reach 16-20 million cubic metre per year during the second phase.
The project's cost is $17-20 million. The construction works are expected to be commenced after 2014.
Shah Deniz participating interests are: ВР (operator - 25.5%), StatoilHydro (25.5 percent), SOCAR (10 percent), LukAgip (10 percent), NICO (10 percent), Total (10 percent), and TPAO (9 percent).
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