Baku, Azerbaijan, April 17
By Leman Zeynalova – Trend:
Bahar Energy Operating Company Limited (BEOC), wholly owned subsidiary of the US Greenfields Petroleum Corporation, has leased two modular rigs which are expected to be mobilized in April and June 2018 for operation at Azerbaijan’s Gum Deniz oil field, a source in Azerbaijan’s oil and gas market told Trend.
“During the fourth quarter 2017, BEOC continued the south Gum Deniz re-development project, which includes the refurbishment of platforms 409 and 412 and the installation of ESPs in seven wells. The project has experienced delays due to limited access to rigs with the capability to service older wells and perform difficult workovers. The Company has leased two modular rigs which are expected to be mobilized in April and June 2018. The refurbishment of Platform 412 is expected to be completed in the second quarter of 2018 resulting in electric submersible pumps (ESP) installations in four additional wells,” said the source.
The source noted that during the fourth quarter 2017, BEOC completed seven capital and thirteen service workovers in Gum Deniz.
“In the Bahar Gas Field, one capital workover was completed and two remain underway. A number of construction projects continued, including platform refurbishments, causeway structure reinforcement and processing facility improvements,” said the source.
The contract for exploration, rehabilitation, development and production at Bahar and Gum Deniz block of offshore fields was signed by Azerbaijan’s state oil company SOCAR (20 percent) and Bahar Energy (80 percent) in 2009. Bahar field, developed since 1969, is located in 40 kilometers south-east from Baku.
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