SOCAR plans to commission well on вЂњAlet-DenizвЂќ oil field till year-end
The State Oil Company of Azerbaijan (SOCAR) plans to commission the well N87 on the вЂ�Alet-DenizвЂ™ off-shore oil field till the year-end, SOCAR told Trend.
The wellвЂ™s design depth is 3450 meters. Drilling is currently conducted at the depth of 3300 meters. The daily average drilling velocity is 12 meters. The wellsвЂ™ production is forecasted as about 100 tons daily.
The works are performed by the Department for Prospecting and Drilling works "Bulla-DenizвЂќ, a part of the SOCAR Producing Unit (PU) вЂњAzneftвЂќ. The Department, except for this well, performs drilling works on the вЂњBulla-DenizвЂќ and вЂњ8 MarchвЂќ fields at the order of the вЂњBulla-DenizвЂќ PU. Drilling works are conducted since the start of the year. The works are supposed to be over in early 2006.