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SOCAR prepares for exploration on onshore fields

Oil&Gas Materials 21 October 2011 19:12 (UTC +04:00)

Azerbaijan, Baku, Oct. 21 /Trend, E.Ismayilov/

In the near future, SOCAR (State Oil Company of Azerbaijan) will begin three-dimensional geophysical studies on the onshore fields Zig-Hovsani developed by Absheron Operating Company Limited, a source in SOCAR said on Friday.

According to source, preparation is conducted to start working.

"Now preparation is conducted for 3D-investigations on Guru Deniz section," said the source.
The participants of PSA to develop a block of onshore fields Zig-Hovsani are SOCAR (25 percent) and Global Invest (75 percent).

Zig-Hovsani fields are located in the southern part of the Apsheron Peninsula. Zig field was discovered in 1935, and Hovsani - in 1948.

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