Baku, Azerbaijan, July 8
By Leman Zeynalova – Trend:
A mud logging unit has arrived at Azerbaijan’s Jafarli field in preparation for the beginning of drilling activities in well C-37, Trend reports citing Canada’s Zenith Energy, which is the operator for development of Muradkhanli-Jafarli-Zardab oil fields onshore Azerbaijan.
Earlier on June 20, the company confirmed the arrival of drill pipe to well C-37 operations and the arrival of the recently purchased Top Drive System on June 26.
Preparations are underway for the installation of the Top Drive system. Approximately 800 metres of hydraulic hoses pressure tested and injected with new hydraulic oil following delivery, said the company.
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 oil fields. Zenith Energy Ltd established its subsidiary company Zenith Aran Oil Company Ltd for production operations in these three fields. Production under the agreement began in August 2016.
Zenith holds an 80-percent participating interest in the three fields within the contract area, while SOCAR retains the remaining 20 percent. The agreement is for 25 years, with a potential extension by five additional years.
The total area of the Muradkhanli, Jafarli and Zardab fields is 642.2 square kilometers, and according to the contract, it is divided into rehabilitation and exploration territories.
The Muradkhanli-Jafarli-Zardab block is located in the Yevlakh-Agjabadi oil and gas region of Imishli district of Azerbaijan. The Muradkhanli field was discovered in 1971, Jafarli - in 1984, and Zardab - in 1981.
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