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SOCAR ends drilling advance well in south part of Western Absheron

Oil&Gas Materials 25 April 2006 13:33 (UTC +04:00)

In the closest time PA Azneft with State Oil Company of Azerbaijan Republic is completing drilling the well in south part of Western Absheron. 600 meters have been drilled to date. Design depth of the well is 850 meters, SOCAR officials told Trend.

This well is drilled from Khazar drilling rig and suggested to be advance. Upon completion of drilling, the well will be sealed up to the following production from platform. SOCAR also plans to drill estimation well in the same area from Absheron drilling rig. Its design depth is nearly 750 meters.

SOCAR officials say an open oilfield is expedient for production as it is located close offshore and near from existing oil transporting communications. At the moment the experts are shaping the area and estimating its reserves. Depth of the wells is some 800 to 1,000 meters.

By the end of year, SOCAR is going to install a producing platform in south part of Western Absheron oilfield. Such platform will be located 40-50 m offshore. Experts predict the oilfield containing some 1.5mln ton of conditional fuel.

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