Baku, Azerbaijan, Oct. 7
By Leman Zeynalova – Trend:
Well completion has finished at Azerbaijan Absheron gas field, a source in the country’s oil and gas market told Trend.
“We are preparing perforation and well testing,” said the source.
Further, the source pointed out that pipeline laying as part of the project is due to start in December.
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. 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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