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SOCAR to continue geophysical studies on Azerbaijani onshore field

Oil&Gas Materials 21 February 2011 17:58 (UTC +04:00)
The State Oil Company of Azerbaijan (SOCAR) intends complete the two-dimensional geophysical studies on the onshore field "Hajiveli" soon, which is developed by Gobustan Operating Company (GOC), a source in SOCAR said on Saturday.

Azerbaijan, Baku, Feb.21 / Trend E. Ismailov /

The State Oil Company of Azerbaijan (SOCAR) intends complete the two-dimensional geophysical studies on the onshore field "Hajiveli" soon, which is developed by Gobustan Operating Company (GOC), a source in SOCAR said on Saturday.

The contract area consists of three blocks with total area of 604 square kilometers. These blocks include the previously developed "Shikhzakirli", "Shenatud", "Vurkut", "Donuzlug", "Nardaran", "Ilhichi", "Garbi Hajiveli", "Sunda", "Shargi Hajiveli ", "Turagay", " Kenizdag "," Garbi Duvanni ","Duvanni"," Solakhay"and "Dashgil".
According to the source, now the weather does not allow completing the work.
"As the weather conditions allow, field work, which left little, will be completed," the source said.
He also said that SOCAR will hold geophysical studies, the rest of the work will be carried out by client company.
The operating Gobustan Operating Company (GOC) deals with the development of "South-West Gobustan" under the PSA contract, concluded with SOCAR. In GOC, 80 percent of participation is owned by the Commonwealth Gobustan Limited, 20 percent are assigned to SOCAR.

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