Azerbaijan, Baku, June 30 / Trend , E. Ismayilov/
SOCAR will complete construction of two blocks of the new four-block platform Oil Rocks- 2585 for the same offshore field developed independently SOCAR by the end of the year, a source at SOCAR close to the work said. Previously, construction of platform's blocks was expected to be completed in summer. The height of blocks will be 64 meters.
The blocks will be built by the Heydar Aliyev Deep Water Jacket Plant. New platforms are necessary to maintain a stable volume of oil output at the Oil Rocks field, the reserves of which have been developed considerably.
"Substantial part of the work has been implemented. All work is planned to complete by the end of the year," a source said.
A source said earlier that the order for the construction of topside platform has not yet been placed.
The remaining two blocks will built by Neftegazstroy trust on construction and installation site in Zigh.
The new platform will be located at a depth of water of 46 meters, 500 meters from five-unit Oil Rocks-1887 platform. Total of 12 wells is scheduled to be built from the new platform.
These measures are taken under order of President of Azerbaijan on increasing output from Oil Rocks oil and gas production from 812,000 tons of oil up to 1.2 million tons (1.5 times).
According to estimates of SOCAR geologists, the residual amount of oil at the Oil Rocks is 30 million tons. SOCAR will drill 78 new wells to increase oil production at the field until 2010.
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