New offshore platform commissioned in Caspian Sea

25 December 2018 13:14 (UTC+04:00)

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By Narmina Mammadova

A new offshore platform No. 12 was commissioned at the Bulla-Deniz field in the Azerbaijani sector of the Caspian Sea on December 24, Azerbaijani state-owned company SOCAR reported.

Construction of the platform began in 2017 with the trust “Neftqaztikinti”. As noted, one prospecting and four production wells with an average depth of 6,300 meters will be drilled from the platform. A new offshore platform No. 12 was commissioned at the Bulla-Deniz field in the Azerbaijani sector of the Caspian Sea on December 24, Azerbaijani state-owned company SOCAR reported.

It is planned to produce 2.5 million cubic meters of gas and 500 tons of condensate from these wells every day.

SOCAR President Rovnag Abdullayev noted that within 11 months SOCAR managed to increase production levels.

“New platforms, like the “Bulla Deniz-12”, built on the basis of modern technologies, will ensure the sustainability of our success. We are proud that we can build and install platforms that meet the highest engineering and technological requirements on our own. This suggests that SOCAR was formed as a modern global company in all areas,” said Abdullayev.

Bulla Deniz field is located 10 kilometers south-east of the Sangachal-Duvanny-Khara-Zira field. The operator of the development is SOCAR.

Bulla Deniz is estimated to contain 17 billion cubic meters of natural gas, and SOCAR has been developing the field since 1975.

The structure was discovered in 1957 as a result of seismic exploration, and deep exploratory drilling began here in 1965. However, the first 17 wells were not fully drilled due to difficult geological conditions. The oil and gas potential of the field was discovered as a result of drilling well No.18 in 1973.

Azerbaijan has a large number of oil fields and promising structures in the Caspian Sea. The overwhelming part of oil produced in Azerbaijan falls on Azeri-Chirag-Gunashli (ACG) block, which covers an area of more than 432 square kilometers.

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