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Shah Deniz-2 drilling operations to be continued until 2022

Oil&Gas Materials 13 August 2013 14:51 (UTC +04:00)

Azerbaijan, Baku, Aug 13 / Trend E. Ismailov /

The process of drilling, completion and pre-drilling within the second stage of the Shah Deniz gas condensate field development is planned to continue until 2022, head of the group on preparation of the environmental impact report Bill Boulton said on Tuesday during a public hearing of the report on social and environmental impacts of the second stage of the Shah Deniz gas condensate field development.

It was noted that drilling will be carried out by means of rigs named after Heydar Aliyev and Istiqlal from 2014 to 2022.

The process of building platforms as well as installation of basic blocks, topsides and a bridge will be completed in the first half of 2017.

Drilling is planned to be undertaken from five clusters and the entire process will be completed in 2022. The first gas is expected to be produced as early as 2018.

Reserves of the Shah Deniz field are estimated at 1.2 trillion cubic meters of gas.

The contract for development of the offshore Shah Deniz field was signed in June 1996. Participants to the agreement are BP (operator) - 25.5 per cent, Statoil - 25,5 per cent, NICO - 10 per cent, Total - 10 per cent, Lukoil - 10 per cent, TPAO - nine per cent and SOCAR - 10 per cent.

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