BP to repair production well at Azerbaijani field
Azerbaijan, Baku, Sept.9 / Trend, E.Ismayilov /
BP, technical operator of Azerbaijani offshore gas and condensate field Shah Deniz, repairs production well SDA-06, a source on oil and gas market said.
He said repair work is carried out to eliminate problems with arrangement of the well injection.
Earlier test commissioning of the new SDA-06 production well on the Azerbaijani Shah Deniz gas and condensate field revealed the presence of complications on the well and the well was suspended.
"After repair work drilling rig will be transferred to start drilling of the sidehole on the SDA-03 well," the source said.
As BP said before, work on drilling sidehole is planned to be completed in the first quarter 2012. Earlier the well SDA-03 was partially suspended due to bad technical state.
Peak production is forecasted at 9 billion cubic meters within the first phase of the development.
The Shah Deniz field's gas reserves are estimated at 1.2 billion cubic meters, while condensate - 240 million tons.
The contract to develop the offshore Shah Deniz field was signed on June 4, 1996. Participants to the agreement are: BP (operator) - 25.5 percent, Statoil - 25.5 percent, NICO - 10 percent, Total - 10 percent, LukAgip - 10 percent, TPAO - 9 percent, SOCAR-10 percent.