Zenith Energy: Civil works at Azerbaijan’s Jafarli field well 60% complete
Baku, Azerbaijan, Sept.30
By Leman Zeynalova – Trend:
Civil works at C-30 well of Azerbaijan’s Jafarli field well are 60 percent complete, Trend reports citing Canada’s Zenith Energy company engaged in the development of Muradkhanli-Jafarli-Zardab block of oil fields onshore Azerbaijan.
The company has also announced beginning of cementing activities in well C-30 civil works.
As for C-37 well of the same field, Zenith Energy said production tubing is ready to be run in well C-37 in preparation for production testing.
Moreover, the company said routine field rehabilitation activities continue without interruption in the Muradkhanli oilfield using the A-80 workover rig.
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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