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New well at gas field in Caspian Sea can be high-debit - SOCAR

Oil&Gas Materials 14 October 2015 20:15 (UTC +04:00)
SOCAR (State Oil Company of Azerbaijan) is drilling the third producing well at the Umid gas field in the Azerbaijani sector of the Caspian Sea, Khoshbakht Yusifzade, the first vice-president of SOCAR, told reporters Oct. 14.
New well at gas field in Caspian Sea can be high-debit - SOCAR

Baku, Azerbaijan, Oct. 14

By Maksim Tsurkov - Trend:

SOCAR (State Oil Company of Azerbaijan) is drilling the third producing well at the Umid gas field in the Azerbaijani sector of the Caspian Sea, Khoshbakht Yusifzade, the first vice-president of SOCAR, told reporters Oct. 14.

He said that the project depth of the well is 2,600 meters.

"This well is being drilled with difficulties due to geological complexity in this area," he said. "However, this well is very important for us. The drilling is horizontal. If the well is high-output, a large platform for 6-7 wells will be installed here."

The daily debit of two wells at the Umid field ranges from 1.1-1.5 million cubic meters of gas.
SOCAR announced the discovery of the Umid field in 2010. The volume of the field's reserve exceeds 200 billion cubic meters of gas and 40 million tons of condensate, according to the results of drilling the first exploration well and the estimations of SOCAR specialists.

The Umid field is located 75 kilometers from Baku, 40 kilometers away from the coast. The first geophysical work was carried out there in 1953 and was repeated in 1972 in the improved form. Nine wells were drilled there from 1977 to 1992. However, none of them gave any results.

Edited by CN

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