Tuesday 3 July 2012

Eurasia Review

A ‘Notice of Discovery and its Commerciality’ for the Absheron discovery was submitted on behalf of the partnership Socar – Total – GDF Suez by operator Total E&P Absheron.

This step is an important milestone in the frame work of the Agreement on Exploration, Development and Production Sharing for the Absheron offshore block in the Azerbaijan sector of the Caspian Sea (EDPSA) signed on February 27, 2009. It is a confirmation of the importance of the discovery, announced in September 2011, on the Absheron X-2 well.

The well was drilled in 474 meters of water depth and reached a depth of 6874 m. One of the hydrocarbon bearing intervals was tested at 960 thousand cubic meters per day (km3/d) of non associated gas. During this production test, nearly 400 cubic meters per day (m3/d) – 2500 barrels per day (b/d) – of a 42,5° API condensate were also produced.

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