SOCAR starts new well in Caspian Sea

The State Oil Company of Azerbaijan has commissioned a new well at the shallow-water part of the Guneshli field, the company reported.

The report notes that the well, located on the "Gunashli-13" platform was included in the operational fund with daily debit of 85 tonnes of oil.

"Guneshli" field plays an important role in the oil and gas industry of Azerbaijan. The shallow -water part of the field is developed by SOCAR independently and the deep water part within the "Azeri-Chirag- Guneshli" block (together with foreign partners).

Along with the drilling of new wells, repair work of the old wells is being carried out in the field.

SOCAR plans to drill 20 new wells to increase oil and gas production in Guneshli field's shallow part.

SOCAR produced over 8.31 million tonnes of oil from Azerbaijan's onshore and offshore fields in 2013, versus 8.24 million tonnes in 2012.

In total, some 43.48 million tonnes of oil was produced in Azerbaijan in 2013, versus 43 million tonnes in 2012, according to the company.


/Trend/