BP makes amenmends to plans on Shakh Deniz field well eliminataion

Oil&Gas Materials 28 January 2010 20:35 (UTC +04:00)

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

BP has changed plans about the interruption of one of its well's operations, a source in the oil and gas market said.

The company is an operator of a project on the development of the offshore Shah Deniz field on the Caspian Sea.

"Initially operations have been launched on the elimination plan of the well, but the process showed that the wells maybe will remain," the source said.

The well is located on a platform with five production wells that is why it was decided to eliminate it.

"There was a big risk, and the operator of the project took a sound decision," the source said.

In the process, it became clear that the well's operations can be partially stopped. About 2500 meters will be eliminated and the remaining four thousand meters will be preserved.

Как отметил источник, в перспективе путем бурения бокового ствола будет возможно восстановить добычу со скважины.

As the source said it will be possible to restore production from the wells in the future by drilling sidetrack.

Gas produced from Shah Deniz field is transported to Georgia and Turkey via the South Caucasus Pipeline. Azerbaijan receives part of the produced gas under the project

The contract to develop the offshore Shah Deniz field was signed June 4, 1996. Participants to the agreement are: BP (operator) - 25.5 percent, Statoil Hydro - 25.5 percent, NICO - 10 percent, Total - 10 percent, LukAgip - 10 percent, TPAO - 9 percent, SOCAR-10 percent

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