State Oil Company of Azerbaijan (SOCAR) has started drilling of two new wells on Banra Darvina field, reported SOCAR’s official web site.
The well No 738 with the target depth of 940 meters is being drilled from the site No 740 and the well No 830 with the target depth of 1425 meters from the site No 720. The production rate of each well is expected to be 5 tons of oil a day.
The drilling is being carried out by order of Absheronneft oil and gas production company of SOCAR.
Banka Darvina field is being developed since 1950 by Absheronneft. The residual oil resources of the field total 3 million tons.