Azerbaijan, Baku, July 21 / Trend E. Ismayilov /
SOCAR (State Oil Company of Azerbaijan) will install equipment for the storage of drilling solution based on hydrocarbon within the drilling in the new high-output production well at the offshore field "March 8", a source in SOCAR said.
"We have suspended drilling. The necessary equipment for drilling solution based on hydrocarbons is being installed," the source said.
He said that now the well depth is 3,100 meters.
The well will be commissioned in late 2010-early 2011.
Expected daily well production is about 350,000 cubic meters of gas and 40 tons of condensate.
Currently, about 400,000 cubic meters of gas are extracted from the deposit "March 8" daily.
Geologists have identified nine points for further drilling, SOCAR said.
There are 59 oil and gas fields in Azerbaijan, of which 18 are offshore, others - onshore.