Azeri Drilling Company Ltd. restored drilling of the first well, Trend reports citing the SOCAR. The Company earlier set up the drilling of the first well on 8 Mart field, while further had to cease it due to some technical reasons. The problems have been removed and now the field is ready for the work.
The well with the project depth of 6,000 meters is drilled from deepwater jacket 759. In general it is planned to drill 10 wells on this field.
The first wells will be drilled with deepwater jackets on 8 Mart field. In total, it is planned to drill 10 wells.
By mid-2007 the drilling of 3 wells will be completed and the daily debit of each well is expected to comprise of 300,000 - 400,000 cu.m. of gas.
Azeri Drilling Company JV was founded by SOCAR (35%), British Firstdrill Ltd (30%) and Target Petroleum (35%) companies.
The company is involved in drilling oil and gas wells (including horizontal and special drilling), cementing and consolidation of wells, assimilation, overall and underground repair, geophysical researches and perforation.
The key task of JV is to carry out drilling work on 8 Mart' and Bulla Daniz fields with the several advanced jackets.