...

Pilot project soon to be applied at Azerbaijan’s Kursangi, Garabagli oil fields

Oil&Gas Materials 25 November 2019 13:27 (UTC +04:00)
Pilot project soon to be applied at Azerbaijan’s Kursangi, Garabagli oil fields

Baku, Azerbaijan, Nov.25

By Leman Zeynalova – Trend:

The pilot project of using Chinese technology at Azerbaijan’s Kursangi and Garabagli oil fields is expected to be launched in mid-December this year, a source in the country’s oil and gas market told Trend.

“Currently, repair work is underway at three fields of the block so that to eliminate the technical problems before applying the new technology. If everything goes smoothly, we plan to launch the project mid-December this year,” noted the source.

The source said the repair work doesn’t affect the production process at the block.

A decision on further expansion of this project’s scope will be made depending on the results, said the source.

This technology is about injecting hot air into the reservoirs, which will allow to raise the oil recovery ratio and resume production at exhausted and old wells.

Earlier, it was reported that if this pilot project brings positive results, this technology will be used not only at Kursangi and Garabagli fields, but also in other projects of Azerbaijan’s state oil company SOCAR.

The fields are located in Azerbaijan’s Salyan district, around 150 kilometers from Baku. Some experts believe that the remaining reserves on the contract area exceed 150 million tons.

The contract for development of Kursangi and Garabagli fields was signed in 1998 for a period of 25 years. The shareholders of Salyan Oil are Azerbaijan’s state oil company SOCAR and China National Oil & Gas Exploration and Development.

---

Follow the author on Twitter: @Lyaman_Zeyn

Tags:
Latest

Latest