SOCAR announces discovery of a huge gas field in Azerbaijan - UPDATE

SOCAR has announced the discovery of a huge gas field Umid in the Azerbaijani section of the Caspian Sea, SOCAR president Rovnag Abdullayev said.

According to Abdullayev Umid is the second largest gas field after Shah Deniz, discovered during the independence of Azerbaijan.

President Aliyev was informed about the discovery of a new field at a today's meeting chaired by the president, "Abdullayev said.

The project depth of an exploration well in the Umid offshore perspective field is 6,500 meters. The exploration drilling was carried out at SOCAR's own expense. Exploratory drilling was carried out on the field in 1980-1990s. Roughly 9 wells were drilled here by floating drilling rigs.

SOCAR drilled a new exploration well on the Umid-1 platform. Umid is one of the most promising fields, thanks to which, SOCAR plans to increase its own gas reserves.


/Trend/