SOCAR has started drilling of a new well on the shallow section of Guneshli field.
SOCAR reported that the new well with the target depth of 3650 metres is being drilled from Guneshli-19 platform.
According to SOCAR geologists’ forecasts, the daily production rate of the well is 150,000 cub.m. of gas and 15 tons of condensate.
SOCAR has planned to drill 20 new wells to increase production on the shallow section of Guneshli oil and gas field.
During 2013 Azneft, SOCAR’s production company, extracted about 6.9 million tons of oil and condensate from Azerbaijan’s bowels of earth. About 3.5 million tons of oil was extracted from the shallow section of the Guneshli field.