BP, on behalf of the Shah Deniz co-venturers, announced today the spud of a new exploration well (SDX-8) in the contract area under the agreement on the exploration, development and production sharing for the Shah Deniz prospective area in the Azerbaijan sector of the Caspian Sea, BP told APA-Economics.
The well is drilled with the Heydar Aliyev semi-submersible drilling rig, which was moved to the SDX-8 location in the eastern flank of the Shah Deniz field in December 2022.
It is planned to drill the well to a total depth of around 7,000 metres.
If successful the well will provide a clearer understanding of drillability, producibility and resource potential of the deeper horizons beneath the currently producing reservoirs in the eastern flank.
The well will take approximately one year to drill and a further testing programme could extend the well’s duration in order to evaluate the results.
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