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SOCAR Drills New Well on Offshore Field

Oil&Gas Materials 25 May 2007 16:56 (UTC +04:00)

Azerbaijan, Baku / TrendCapita l/ The State Oil Company of Azerbaijan (SOCAR) put a new well into operation on Alat-Deniz field, a source in SOCAR stated on 25 May.

The well is 3,480m in depth. Its production capacity equals 70t of oil and 65,000cu m of gas. The well was drilled by Marine Drilling and Exploration Department 'Bayl Limany'.

Alat-Deniz field has been operational since 1986. Fourteen wells function in the field. According to geologists' assessments, the field's reserves available for mining total 1.8mln t of oil. Presently several more sections have made ready for drilling.

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