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State Oil Company of Azerbaijan Re-estimates the Resources on Oil Fields

Oil&Gas Materials 13 March 2007 17:33 (UTC +04:00)

Azerbaijan, Baku / Trend , corr S. Aliyev / The State Oil Company of Azerbaijan (SOCAR) carries out re-estimation of the depoists on the Sangachal-deniz - Duvani-deniz - Khara-Zira oil fields.

Re-estimation work is held by the laboratories "Oil and Gas Sources Re-estimation" and "Geophisics of Oil and Gas Fields" at the State Scientific-Research Institute "Sea Oil and Gas Projecting"

More definition of the layers and countours of Blocks 3, 6, and 6(a) is being carried out.

In 2006 the laboratories hold re-estimation work on Gum-Deniz and Oil Rocks fields. Modern geophysical methods of work defined that the reserves of oil and gas exceed the previous estimations.

Re-estimation work is held by SOCAR once in 5 years. Since1980 the work has been held by the laboratories of "Sea Oil and Gas Projecting"

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