Azerbaijan, Baku, Oct. 17 / Trend, E.Ismayilov /
BP will finish repairing a new production well on a gas condensate in Azerbaijan by late 2011, a source on oil and gas market told Trend on Monday.
The source said a new well is used. However, it needs repairing.
The equipment will be received within one month.
A source said that after the SDA-06 well is repaired, the drilling of the SDA-03 well sidetrack will be launched. Earlier, it was partially closed down because of poor technical condition.
As BP said earlier, the sidehole drilling operations are planned to be completed in the first quarter 2012.
Peak production is forecasted at 9 billion cubic meters within the first phase of the development.