US company completing repair of one offshore platform in Azerbaijan
Baku, Azerbaijan, July 13
By Leman Zeynalova – Trend:
The repair of the platform at Azerbaijan’s Gum Deniz offshore oil field is being completed, the US Greenfields Petroleum Corporation told Trend.
“The Gum Deniz platform is just being completed and Electrical Submersible Pumps (ESP) installing will start in a matter of weeks,” said the company.
This is while the Bahar platform is under refurbishments and it will not be completed until early 2019, according to Greenfields Petroleum Corporation.
As for the wells, the company said no wells have been drilled in 2018 and there are no planned wells to be drilled in 2018 at the block.
Greenfields Petroleum Corporation is a junior oil and natural gas company focused on the development and production of proven oil and gas reserves principally in Azerbaijan. Through its wholly owned subsidiary Bahar Energy Limited (BEL), the corporation owns an 80 percent interest in the Exploration, Rehabilitation, Development and Production Sharing Agreement (the “ERDPSA”) with the State Oil Company of Azerbaijan ("SOCAR") and its affiliate SOCAR Oil Affiliate (“SOA”) in respect of the offshore block known as Bahar Gum Deniz (the “Bahar Project”) which includes the Bahar Gas Field and the Gum Deniz Oil Field.
The Bahar Gas Field consists of 45 offshore platforms including a central processing and metering platform to gather the gas for onward transport through a three 12-inch pipelines to the shore-based gas and liquid handling facilities. The platforms, in most cases are built on 24 to 30 pilings each in an average water depth of about 16 metres.
A total of 203 wells were drilled in Bahar Gas Field prior to 2010. More than 100 of these wells remain available for BEOC to utilize at its discretion in current or future operations. Currently 10 of these wells are producing natural gas.
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