Azerbaijan, Baku, 30 May / Trend E. Ismailov /
Test results require certain specifications on the geological structure on the Alat-Deniz offshore oil field, being developed by SOCAR (State Oil Company of Azerbaijan) independently, according to a statement posted on the official website of the Azerneft Production Association (PO).
According to the report, refinement of the geological structure and re-evaluation of resources require geological and geophysical studies.
'Production of condensate and sufficiently large volumes of gas have actualised geological and geophysical work to clarify the geological structure and re-evaluate the resource base of the deposit', the report says.
SOCAR includes the Azerneft production association (companies producing oil and gas onshore and offshore, the Azerichimia production association (chemical industry) and the Azerigas production association (distribution and sale of gas).
In addition, the State Oil Company has a number of processing and service enterprises as well as institutions involved in geophysical and drilling activities.