SOL faces with problems during drilling of 2nd development well on Garabaghly

Oil&Gas Materials 30 November 2005 19:03 (UTC +04:00)

Salyan Oil Limited (SOL), involved in development of the onshore fields Kursangi and Garabaghly, faced with problems during drilling of the 2nd development well on the Garabaghli field, SOCAR participating in the project told Trend.

The reason for problems is extra-hard peculiarity of ground. The project depth of the well comprised 4,400 meters. The Company will not manage to complete drilling of the well till late 2005. The work is supposed to be over in early 2006.

In 2005 SOL drilled 2 operating wells. The Company intends to invest over $50m in the Kursangi-Garabaghly field.