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29.11.2010

Drilling Begins On New Shallow-water Guneshli Well

Drilling has started on well No. 421 in the shallow waters of Guneshli, 1news.az has reported.

According to the Azerbaijan state oil and gas company (SOCAR), the well will have a depth of 3,750 meters.

Geologists involved in the effort say the well will produce 40 tons of crude and 250,000 cubic meters of gas a day. The well is to come on line in May 2011.

The drilling itself is being performed on order from SOCAR's "28 May" marine exploration drilling trust.

Copyright 2010, 1news.az. All rights reserved.

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