Baku, Azerbaijan, May 6
By Leman Zeynalova – Trend:
The drilling of the first branch of the well at Azerbaijan’s Absheron field has been completed, a source in Azerbaijan’s oil and gas market told Trend.
“The first branch was completed in mid-April and after all works planned were carried out to perform appraisal program. Then this first branch was plugged,” said the source.
The source pointed out that the drilling of the second branch began on May 2.
“The plan for coming months is to continue drilling of second branch, to set the completion into the well and install subsea Xmas tree,” added the source. “In summer, on top of drilling activities, there will be prepared the pipeline laying campaign planned to start Q4 2019.”
Earlier, the source said that the second branch depth is planned to reach 7000 meters.
SOCAR and Total signed a framework agreement in 2016 on the main contractual and commercial principles regulating the first phase of development of the Absheron field.
The first phase of the field’s development envisaged drilling one well at a sea depth of 450 meters. The production will stand at 1.5 billion cubic meters of gas and 700,000 tons of condensate per year and these volumes will be used in Azerbaijan’s domestic market. It is planned to produce up to 4 billion cubic meters of gas at the second stage.
Absheron’s reserves are estimated at 326 billion cubic meters of gas and 108 million tons of condensate, according to estimations of the Total specialists.
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