TODAY.AZ / Business

LUKOIL put forward SOCAR proposals on drilling second exploration well on Yalama in autumn

21 June 2005 [09:31] - TODAY.AZ
The Russian LUKOIL will submit the SOCAR proposals on drilling of the second exploration well on the “Yalama” structure (block D-222) in September-October 2005.
The company will put forward SOCAR its proposals in 3-4 months on the second well optimal laying point, the SOCAR head, Natik Aliyev told journalists on 20 June.    

According to him, the company completed drilling of the first exploration well at the D-222 block. “Now they will study geophysical and other information from the well”, he pointed out.   

Drilling of the first exploration well of the design depth of 4523 meters lasted around 7,5 months. With all these LUKOIL used fully drilling days (219), bought from the Chevron Overseas Petroleum Azerbaijan LTD company, which is a member of the agreement for the use of the Heydar Aliyev drilling rig (former LIDER).

The first exploration well was no success, according to the statements of the LUKOIL official spokesmen.


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