Azerbaijan, Baku, Aug. 22 / Trend E. Ismayilov /
Bad weather conditions not allow State Oil Company of Azerbaijan Republic (SOCAR) to launch three-dimensional seismic research (3D seismic) in the prospective gas condensate structure Bahar-2 in the Azerbaijani sector of the Caspian Sea, SOCAR source close to situation said on Aug. 22.
"Equipment and ships are ready to launch work in the structures, but weather conditions and turbulent sea do not allow beginning of the study," source said.
After launching operations on the structure, it is planned to complete the work within 2-3 months. It is necessary to research the structure, analyze data and interpret results to speak about volumes of reserves and operations on this structure.
SOCAR studies prospective offshore structures, especially, Bahar-2 to increase volumes of gas production in Azerbaijan.
SOCAR deals with gas production in Azerbaijan. SOCAR produces fuel on the fields for own funds. Most of gas extracted by SOCAR meets demand for Azerbaijani domestic market. Part of gas is exported to Georgia.
Gas is also extracted on Shah Deniz field by foreign partners with the participation of SOCAR and BP technical operator. Gas is supplied to the Azerbaijani market, as well as exported to Georgia and Turkey via the South Caucasus gas pipeline. Azerbaijan also receives petroleum gas extracted by Azerbaijan International Operating Company on the block of Azeri-Chirag-Guneshli fields.
Reserves of Bahar-1 field have been extracted significantly. It is a unique field. Roughly 16-17 million cubic meters of natural gas were extracted from this field in 1980. It provided 30-40 percent of Azerbaijani demand for gas. SOCAR develops Bahar field independently.
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