BAKU, Azerbaijan, Aug.12
By Leman Zeynalova – Trend:
Norway’s Equinor company is processing the seismic data of Ashrafi-Dan Ulduzu-Aypara prospect in Azerbaijan, Equinor said in response to Trend’s question about the status of the project.
“We can confirm that we have completed the acquisition of 2D and 3D seismic in the Ashrafi-Dan Ulduzu-Aypara licence which took place from October until December 2019. The operations were carried out by Caspian Geo. The data is currently being processed and it is too early to say when the interpretation will be finalized,” said the company.
Equinor said it has decided to postpone the drilling of the Aypara prospect due to challenges in operating during the current Covid-19 and overall industry context.
“It is too early to indicate when the well will be spudded, and a new timeline will be concluded later,” said the company.
Azerbaijan’s state oil company SOCAR and Statoil Azerbaijan (part of the Equinor group) signed a Production Sharing Agreement (PSA) for the Ashrafi-Dan Ulduzu-Aypara (ADUA) exploration area on May 30, 2018.
The ADUA exploration area is located around 50 kilometers east of Baku, around 14 kilometers to the east of Azerbaijani mainland (Absheron peninsula), and approximately 7 kilometers to the east of Azerbaijan’s Pirallahi and Chilov islands, in water depth varying between 20 and 225 meters.
---
Follow the author on Twitter: @Lyaman_Zeyn