For the first time in the history of SOCAR, SOCAR AQS has drilled side track well on the platform No. 8 in the Guneshli field, one of the most complex projects in the drilling context.
The sidetrack well was successfully drilled into the Fasila formation and delivered to SOCAR's Azneft Production Unit, SOCAR AQS’ long term client.
The sidetrack well was safely drilled to a depth of 2,985 meters with a whipstock installed in the 6 5/8" production casing, and a dual casing exit was performed. During the drilling operations, real-time monitoring of pressure, formation changes and directional control was conducted.
After the well was drilled to the target depth, a 4 ½” production liner was successfully run into the hole using customized liner hanger equipment.
Taking into account the presence of layers prone to losses, SOCAR AQS has cemented the production liner using new technologies for the first time in the well. The production liner was tested according to the plan along with the wellhead equipment, the facility has been put into operation according to the targets set by the customer Azneft PU and the well was delivered for completion resulting in high production rate.
Samir Mollayev, SOCAR AQS General Director, said: "The drilling of sidetrack wells is very important for increasing the production rate of many wells that have been in operation for many years. So, in order to restore the production of more than 300 wells in the Guneshli field, the drilling of sidetrack wells is of particular importance. This will contribute to ensuring the sustainability of oil production in the country, increasing well productivity and improving the efficiency of drilling operations."
SOCAR's Azneft Production Unit played an exceptional role, being part of the team during the designing and drilling of the well, and contributed to the high quality and proper completion of the operations.
Drilling operations were carried out in accordance with the requirements of health, safety and environmental protection. At present, completion works are being successfully continued.
About SOCAR AQS
SOCAR AQS is an integrated drilling and well services management company established in 2007 between State Oil Company of Azerbaijan Republic (SOCAR), Nobel Energy and Absheron Qazma LLC (AQS). The company has many years of experience in the field of oil and gas well drilling industry while providing advanced drilling technologies and applying new management methods. SOCAR AQS has pioneered innovative approach in the national drilling industry, and it has a proven track record of excellence in delivering safe and reliable solutions. SOCAR AQS is a member of International Association of Drilling Contractors since 2009, and it has fully complied with all applicable international standards.
Further information: https://www.socar-aqs.az/en ®
Economics
-
Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
-
Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
-
Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
-
In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
Leave a review