BP introduced at present that the primary exploration effectively was spudded on the Shafag-Asiman offshore block within the Azerbaijan sector of the Caspian Sea on 13 January. BP is operator and holds a 50% curiosity within the Shafag-Asiman manufacturing sharing settlement (PSA) with companion SOCAR holding a 50% curiosity.
The SAX01 effectively is the primary to be drilled within the contract space and is in accordance with BP’s obligations beneath the PSA that was ratified by the Azerbaijani parliament in 2011.
The effectively is deliberate to achieve complete depth of as much as 7,000 metres, which is anticipated to take round 9 months. Following this, effectively knowledge will probably be analysed and, if profitable, an analysis programme could also be performed to verify the outcomes.
Gary Jones, BP’s regional president for Azerbaijan, Georgia and Turkey, stated: “We are excited and proud to be embarking on this primary exploration effectively on Shafag-Asiman – a construction which has vital potential for a large-scale fuel discovery. Quite a lot of preparation has been made to guarantee a secure and strong drilling programme.”
The effectively is being drilled from the Heydar Aliyev semi-submersible rig operated by the Caspian Drilling Company (CDC). The rig, which has full managed-pressure drilling functionality, was contracted for the SAX01 effectively in November 2019 after which moved to the effectively location in preparation for the graduation of drilling operations.
(Source and picture: BP – Shafag-Asiman area within the Caspian Sea)
The put up BP SPUDS FIRST SHAFAG-ASIMAN EXPLORATION WELL IN THE CASPIAN SEA appeared first on Energy Global News.