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Azeri Drilling Company Prolongs Period of Inquiry on Quotation of Services for Well Drilling

Oil&Gas Materials 21 June 2007 17:54 (UTC +04:00)

Azerbaijan, Baku / corr Trend S.Aliyev / The Azeri Drilling Company Limited Joint Venture prolonged the period (by ten days) of an inquiry on quotations of services required for drilling gas wells with the depth of 2,500-4,000m on the Guneshli field at the bases of №11 and №13.

These services include inclined drilling, cementing, drilling mixture, curettage, and commissioning of protective wells. The deadline for documents should be submitted by 12 July 2007.

The founders of "Azeri Drilling Company Ltd." JV are SOCAR (35 %), "Target Petroleum Azerbaijan Corporation", registered in Panama (35 %), and "First Drilling Limited" of Scotland (30%).

The Enterprise is engaged in drilling oil and gas wells, including horizontal and special drilling, cementing and fortifying wells, development, overhaul and underground repair activities, geophysical research and perforation activities.

The key task of JV is to carry out drilling work on '8 Mart' and Bulla Daniz fields with the advanced jackets. It is planned to drill approximately eight wells with depths of 6,500m.

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