Azerbaijan, Baku, Jan. 13 / Trend /
SOCAR prepares to start drilling of the second exploration well on the field Umid in the Azerbaijani sector of the Caspian Sea, SOCAR said.
According to the report, it is planned to drill six wells from the platform, installed at the field at a water depth of 58 meters. The planned daily production rate of each well will be 1-1,5 million cubic meters of gas and 300-350 tons of condensate.
Previously, SOCAR announced about opening of a new offshore gas condensate field Umid.
SOCAR is confident that there are 250 billion cubic meters of gas and 40 million tons of condensate at Umid.
The Umid Field is located 75 kilometers from Baku. In 1953, the first geophysical works were carried out at the field. They were repeated in 1972 in a somewhat improved form. From 1977 to 1992, nine wells were drilled without result.