SOCAR continues geophysical researches in Caspian Sea
Azerbaijan, Baku, Sept.12. / Trend E.Ismayilov /
The completion three-dimensional seismic research (3D seismic) to search for oil and gas units in the prospective gas condensate structure Bahar-2 in the Azerbaijani sector of the Caspian Sea conducted by SOCAR (State Oil Company of Azerbaijan) will depend on weather conditions, a source in SOCAR said.
"The company launched the research, but at present the vessels are waiting for the better weather. It is difficult to talk about deadline of the work, everything will depend on weather conditions," the source added.
The depth of water at the research area is small and the vessels wait for the better weather conditions to conduct the work without risks, the source said.
Geophysical researches on the unit were launched in late August. Currently, there are three ships of the Caspian Sea Oil Fleet, including "Geophysicist-1", "Geophysicist-3" and "Baku" here.
Researches on the unit should be launched earlier, but there was a slight delay because of the finding the necessary ship repairs, as well as the unstable weather.
After launching operations on the structure are planned to complete within 2-3 months. "Within this period seismic research must be completed, since the weather would not allow operating on the sea," source said earlier. It is necessary to research the structure, analyze data and interpretation of results to speak about volumes of reserves and operations on this structure.
SOCAR studies prospective offshore structures, especially, Bahar-2 to increase volumes of gas production in Azerbaijan.
SOCAR deals with gas production in Azerbaijan. SOCAR produces fuel on the fields for own funds. Most of gas extracted by SOCAR meets demand for Azerbaijani domestic market. Part of gas is exported to Georgia.
Gas is also extracted on Shah Deniz field by foreign partners with the participation of SOCAR and BP technical operator. Gas is supplied to the Azerbaijani market, as well as exported to Georgia and Turkey via the South Caucasus gas pipeline. Azerbaijan also receives petroleum gas extracted by Azerbaijan International Operating Company on the block of Azeri-Chirag-Guneshli fields.
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