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SOCAR preparing for exploratory drilling in Caspian

Oil&Gas Materials 19 June 2009 17:39 (UTC +04:00)

Azerbaijan, Baku, June 19 / Trend /

The State Oil Company of Azerbaijan Republic (SOCAR) plans to launch drilling of the first exploration well in the Umid gas unit in the Azerbaijani sector of the Caspian Sea soon, SOCAR reported on June 19. SOCAR's Bail Limani Sea Exploration-Drilling Department will conduct drilling.

The first well with a 6,500-meters depth will be drilled with the ZJ70/4500DZ facility of the Chinese production.

Some 10 months were allotted to drill the first exploration well, the company said.

It is planned to launch drilling of the first exploration well in early July, a source at SOCAR said earlier. Work on construction of the Umid-1 unit has already ended and the Bail Limani drilling department transports and assembles facilities which are necessary for the drilling.

Depth of the first well on this structure will hit 6,500 meters, 4,000 is planned to drill this year, a source in SOCAR said earlier.

Umid-1 platform is under construction on the basis of partially constructed platform Chirga-6. Umid-1 is the biggest object within SOCAR gas program. Its height will hit 72 meters. The platform will be placed 15 kilometers from offshore field Bulla-deniz that has 58 meter depth. Six gas wells are planned to drill from this platform. 

Expected gas reserves on Umid platform are estimated in the amount of 300 billion cubic meters but gas condensate - 30-40 million tons.

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