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SOCAR Specialists Found Oil off Coast of Israel
Oil reserves in the field " Yam - 3" , which is 15 km to the west of the city of Ashdod, are estimated at 120 million barrels. This is the opinion of specialists of the Azerbaijani Caspian Driling Company, owned by the state company SOCAR.
This was reported on September 8 by the Israeli company Shemen Oil & Gas Resources, which owns (79.2 % interest in the project) . Large blocks of shares are owned by a native of Georgia, Abraham Nanikashvili.
As Izrus reported, oil at a depth of about 5175 m, has a very high quality. Drilling continues and at present depth of the well has reached 5,700 meters
Caspian Drilling Company completed a number of geophysical investigations in the drilling process , " Yam 3" and referred to members of the Association " Shemen " elektrokarotazhnuyu chart and other test results .
Recall that SOCAR specialists is not the first work in Israel in the projects of oil exploration in the prospective structures in the Mediterranean Sea . The unique experience of Azerbaijani oil workers on exploration and production of oil in offshore fields , proved to be highly in demand in many regions of the world. -02D-
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