SOCAR Intends to Drill Exploration Well on its Field

Oil&Gas Materials 29 December 2006 12:20 (UTC +04:00)

The State Oil Company of Azerbaijan (SOCAR) is considering the opportunities for drilling an exploration well on Bahar-2 field in 2008, Trend reports.

Firstly, it is planned to carry out geophysics here. Possibility for the use of Khazar rig is also being studied. The field has a difficult structure, the company added.

So far, no hydrocarbon reserves were found there. The specialists suppose the field to contain hydrocarbon reserves, the company announced. The projects depth of the well is approximately 5,800 meters.