abce certificate
russia & fsu
Tuesday, 02 December, 2008, 21:50 GMT | more >>

Third well to lift Shah Deniz output



By Upstream staff 

Azerbaijan has drilled a third gas well at the Caspian Sea Shah Deniz field to boost production to between 10 million and 15 million cubic metres per day, Azeri state energy company Socar said today.

"Today we have launched the third producing well at Shah Deniz in a test mode and are going to begin a normal work schedule any day now," Socar's first deputy head Khoshbakht Yusifzade said.

BP, which operates the field together with Norway's Statoil, confirmed the information.

The Shah Deniz operators launched the field's second well in May and are planning to drill the fourth and the last well for this year in the third quarter.

BP had said each well would have average capacity of 4.5 million cubic metres of gas per day and the field's total production would reach 2.7 billion cubic metres in 2007.

Shah Deniz's shareholders, which also include Russia's Lukoil, France's Total as well as Azeri, Iranian and Turkish state oil companies, plan to export gas from the field to Turkey via Georgia along the Baku-Tbilisi-Erzerum pipeline.

Turkish Energy Minister Hilmi Guler said on Tuesday Turkey was ready to receive gas from Shah Deniz and would send the first volumes onward to Greece by the end of July along a 285-kilometre pipeline, Reuters reported.


Wednesday, 06 June, 2007, 11:58 GMT  | last updated: Wednesday, 06 June, 2007, 11:58 GMT

e-mail this article to a colleague


to email:  from:
comments: