SOCAR continues onshore well drilling
Edited by Rhod Mackenzie / 2014-08-14 02:08:12
SOCAR has started a new well drilling at the Saadan onshore deposit. The depth of well # 1804 will be 1,400 m. Drilling is performed by the drilling trust of the company which will be executed up to production layer of Maikop.
Saadan is located at the Prikaspian-Gubinsky oil and gas production area. Active drilling has been performed for several years there. Daily debits of the well are small, up to 5 tons but drilling expenses will be reasonable with the high oil price