Baku, Azerbaijan, May 18
By Maksim Tsurkov – Trend:
Seven wells were completed and prepared for the start of production as of April 1, 2018, in the framework of the second phase of development of the largest Azerbaijani gas field "Shah Deniz", reads the BP report on its activity in Azerbaijan for the first quarter of 2018.
During the first quarter of 2018, Shah Deniz Alpha platform continued drilling the SDA11 well.
The Istiglal drilling rig completed the SDD03 well and commenced SDD04 well completion. The Maersk Explorer rig has continued drilling the lower section of the SDH01 well.
The above two rigs have already drilled 14 wells and completed four wells on the North Flank and three wells on the West Flank in preparation for commencement of Shah Deniz 2 production and subsequent ramp up. Drilling operations will continue to deliver all wells required to ramp up to plateau level.
Within the implementation of Shah Deniz Stage 2, gas production will increase from 9 to 25 billion cubic meters per year. The produced gas will be exported to Turkey and the European markets through the expansion of the South Caucasus Pipeline and the construction of the Trans-Anatolian (TANAP) and Trans-Adriatic (TAP) gas pipelines.
A contract for development of the Shah Deniz offshore field was signed on June 4, 1996. The field's reserves are estimated at 1.2 trillion cubic meters of gas.