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SOCAR to Drill New Exploratory Well in Off-Sore Field

Oil&Gas Materials 18 August 2007 13:34 (UTC +04:00)

Azerbaijan, Baku / Trend corr S. Aliyev / The State Oil Company of Azerbaijan Republic (SOCAR) will soon begin drilling of a new exploratory well in the south of West Absheron field, according to SOCAR. Previously an exploratory well with depth of 770 metres was drilled from the rig.

SOCAR has intentions to implement the program on development of this part of the field. The first platform will be set up for launching of three drilled wells. They were drilled and laid up. Debit of the wells makes up 250,000 cu m of gas per 24 hours. That will enable new production methods (gaslifting), as well as provision of gas for consumer needs.

Estimation of reserves in the field revealed over 10mln tons. The re-estimation of reserves was held after exploratory drilling. Earlier the field was supposed to have 5mln tons.

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