Azerbaijan’s SOCAR drills well in Caspian Sea’s Guneshli field

February 26, 2014

State Oil Company of Azerbaijan Republic (SOCAR) has started drilling a new well in the shallow part of Guneshli field, with a projected depth of 3030 meters, according to a message from SOCAR, Trend reported on February 25.

The field is managed by 'May 28' Oil and Gas Production Unit of SOCAR. Geologists estimated that the well's expected daily debit will be 80 tons, according to the message. The well's drilling is being conducted by SOCAR Complex Drilling Works Trust.

SOCAR planned to drill 20 new wells for increasing oil and gas production in Guneshli field's shallow part. Deepwater part of the Guneshli field is being developed by SOCAR jointly with foreign companies operating at the Azeri-Chirag-Guneshli block of oil and gas fields.

Copyright: Trend, 2014