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SOCAR reveals drilling plans at Umid-Babek block

Oil&Gas Materials 3 February 2020 12:22 (UTC +04:00)

Baku, Azerbaijan, Feb.3

By Leman Zeynalova – Trend:

It is planned to drill a well for production at Umid field from the platform in 2020, Ibrahim Ahmadov, deputy head of the public relations and events department at SOCAR, told Trend.

“Moreover, it is also planned to start the construction of a pipeline from the platform through the sea to the shore, where the new Dashgil terminal will be built,” he said.

Ahmadov noted that technological equipment of the platform will also be improved.

As for Babek structure, he said it is planned to start the drilling there in the first half of 2021.

Umid field was discovered by SOCAR in 2010. Risk Service Contract for this block was signed in early 2017.

Umid field is located in 75 kilometers from Baku and in 40 kilometers from the shore.

Babek structure has 400 billion cubic meters of gas and 80 million tons of condensate reserves, according to the preliminary estimates.

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