Baku, Azerbaijan, May 21
By Leman Zeynalova - Trend:
Canada’s Zenith Energy, which is the operator of Muradkhanli-Jafarli-Zardab, the largest onshore block of oil fields in Azerbaijan, will increase the number of wells in the field upgrade program, Trend learned from the company.
“Zenith's field team is routinely monitoring production and it is expected that the number of wells included in the upgrade program will be increased further,” said the company.
As announced by Zenith on August 22, 2017, the Upgrade Program involves the installation of new electrical submersible pumps in wells located in the Muradkhanli and Jafarli oilfields.
“The purpose of the Upgrade program is to stabilize existing production from the selected wells and lessen the likelihood of production outages often resulting from older ESP technology. In addition, the Company is also setting the pumps at an average depth of 2,500 meters to achieve greater production from the wells. The previous ESP technology limited the setting depths to 1,500 meters,” said the company.
The company confirms that its A-80 workover rig has left the Z-21 well location to resume field rehabilitation activities in the Muradkhanli and Jafarli fields.
“These operations include electrical submersible pump maintenance work and the installation of a new electrical submersible pump. Following this installation, the total number of new electrical submersible pumps installed in the Muradkhanli and Jafarli fields will be 12,” said Zenith Energy.
Canada’s Zenith Energy, which is the operator of Muradkhanli-Jafarli-Zardab, the largest onshore block of oil fields in Azerbaijan,
Azerbaijan’s state oil company SOCAR and Zenith Aran Oil Company signed a Rehabilitation, Exploration, Development and Production Sharing Agreement (REDPSA) in March 2016 for a block that includes the Muradkhanli, Jafarli and Zardab oilfields. These fields cover an area of 642.2 square kilometers. Production under the agreement began in August of 2016.
Zenith holds a 80-percent participating interest in the three fields within the contract area, while SOCAR retains the remaining 20 percent. The duration of the agreement is 25 years, with a potential extension of five additional years.
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