Azerbaijan, Baku, October 6 / Trend E. Ismayilov /
Presently, daily gas extraction from four wells hits 16 million cubic meters at Azerbaijani gas-condensate field, a source at oil and gas market said on October 6.
Extraction was fully suspended at the field to conduct planned prophylactic operations in early September. Necessary equipment was installed during repairing of the extractive platform. Extraction from the platform was restored in late September. Gas pumping via South Caucasian gas pipeline (Baku-Tbilisi-Erzerum) was also suspended due to break of the platform. Daily extraction at the field hits 14-15 million cubic meters before the platform was stopped.
"Presently, extraction is implemented from four wells at the platform. About 16 million cubic meters of gas are extracted from four wells," a source said.
He said that presently, repair work is held at one of five wells at the platform.
Daily extraction of gas-condensate from the platform at Shah Deniz field hits 6,500 cubic meters, a source said.
Extraction was implemented from four wells at the field before the work was suspended, SOCAR's high-ranking representative said. One well is out of order. But it is not ruled out that it will be removed as it was problematic from the very beginning.
Forecast on gas extraction at Shah-Deniz field for this year hits 7.2 billion cubic meters. Before, BP Company (operator of the project) forecasted extraction to the amount of 7.7 billion cubic meters. Extraction worth 8.6-9 billion cubic meters will be reached at this field in 2010.
Gas was transported to Turkey and Georgia via South-Caucasian gas pipeline. Azerbaijan did not get gas from Shah-Deniz field during summer.
Contract for development of Shah-Deniz field was signed on June 4, 1996. Participants of the agreement include BP (operator) -25.5 percent, Statoil - 25.5 percent, NICO - 10 percent, Total - 10 percent, LukAgip - 10 percent, TPAO- 9 percent, State Oil Company of Azerbaijan - 10 percent.
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