Azernews.Az

By Aynur Jafarova

Azerbaijan's state energy company SOCAR has completed the appraisal drilling at the Aghburun-Deniz offshore structure in the Azerbaijani sector of the Caspian Sea.

"The drilling works conducted from the Khazar-6 type of floating drilling rig in the south-west wing of the structure is aimed at exploring the stratigraphy, lithology, and the oil and gas bearing capacity of the area," SOCAR said.

Following the works, the well's depth was brought to 860 meters. The well was drilled at a depth of 10 meters.

Currently, the well is being prepared for the perforation, development and testing.

The Aghburun-Deniz structure is located six kilometers south of the West Absheron field.

Azerbaijan's energy giant SOCAR, which is keen on expanding operations in the retail oil products market abroad is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in the domestic and international markets, and supplying natural gas to industry and the public in Azerbaijan.

Under the State Program for the Development of the Fuel and Energy Sector of Azerbaijan (2005-2015), SOCAR's priority tasks include increasing oil and gas production and, accordingly, the discovery of new oil and gas fields.