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SOCAR completes quarter of drilling work on Caspian prospective structures

Oil&Gas Materials 28 September 2009 14:40 (UTC +04:00)

Azerbaijan, Baku, Sept. 28 / Trend E.Ismayilov /

SOCAR has drilled about 1,650 meters of the designed 6500 meters as part of the drilling of the first exploration well in the Umid prospective gas condensate field in the Azerbaijani sector of the Caspian Sea, a source in SOCAR said.

The drilling on the field is underway and 1,650 meters have been drilled as part of drilling of the exploration well, the source said.

The company started drilling an exploration well in August. This prospective field differs for its complex geology and seismic, the source said earlier.

This is the first exploration drilling the company has implemented independently for the past 15 years. The gas reserves expected from the Umid field are estimated at 300 billion cubic meters and the gas condensate reserves expected are estimated at 30-40 million tons.

Earlier, SOCAR completed constructing the Umid-1 platform. The Umid-1 platform was built on the base of the unfinished Chiraq-6 platform, the largest facility within the program. Its height is 72 meters. The platform was installed in the 15 kilometers of the Bulla Deniz field at a depth of 58 meters. A total of six gas wells are expected to be drilled from the platform.

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