BAKU, Azerbaijan, Dec. 12
By Leman Zeynalova - Trend:
In order to optimize future production from well C-37 of Azerbaijan’s Jafarli field, Canada’s Zenith Energy company will install a custom-built bridge plug to isolate the Upper Cretaceous formation and enhance the long-term productivity to be obtained from the Middle Eocene formation, Trend reports citing the company.
Zenith Energy, which is the operator for development of Muradkhanli-Jafarli-Zardab fields onshore Azerbaijan, expects that following the installation, and when the well is placed in full operation, stabilized oil production from well C-37 will be approximately 250-300 barrels of oil per day without stimulation.
As announced on October 9, 2019, the company plans to perform a series of stimulation activities to progressively further increase productivity from the Middle Eocene formation.
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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