SOCAR launches drilling of new well on Guneshli offshore field

Thu 27 Jan 2011 04:10 GMT | 08:10 Local Time

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The State Oil Company of Azerbaijan has started drilling a new well on Guneshli offshore field.

According to a statement in the company, well No 240 is drilled from offshore stationary platform No 13. The projected depth of the well is 3500 meters. According to geologists after the commissioning, it will produce 200,000 cubic meters of natural gas and 30 tons of condensate.

The development of shallow water Guneshli has been carried since 1980. The field ensures up to 65% of SOCAR’s oil production. The residual reserves are estimated at 180,000,000 tons of oil and 65bn cubic meters of gas.

Rufat Abbasov
News.Az

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