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AIOC TO COMPLETE DRILLING 5TH WELL IN AUG

Oil&Gas Materials 27 July 2005 19:11 (UTC +04:00)

The Dada Gorgud is drilling the fifth pre-drill well on East Azeri (EA) and it will be complete it by the end of August. After the company will drill a sixth pre-drill well on East Azeri.

Overall eight wells will be pre-drilled on EA by the end of this year, according to the Azerbaijan International Operating Company (AIOC).

The Chirag platform currently has 19 wells, of which 11 are active producing wells and 5 are active water injection wells. Water injection commenced in recently sidetracked well A-02z the fifth injector.

This additional water injection will help support the overall reservoir management plan of continuous water injection into Chirag.

Three remaining wells are waiting for well intervention or sidetracking activities due to occur in the future. Drilling operations are planned to commence on a new producing well A-20 in late July.

The remaining major 2005 ACG Operations milestones are:

• Complete Azeri pre-drilling вЂ" 4Q
• C&WP first injection вЂ" end 4Q
• Complete Chirag primary slot drill-out вЂ" 4Q
• Tiebacks complete and commence first Central Azeri platform well вЂ" 4Q
• Commence DWG pre-drilling - 4Q

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