Azerbaijan, Baku, June 20 / Trend E.Ismayilov /
The State Oil Company of the Azerbaijan Republic (SOCAR) will soon begin a large-scale drilling work on the second exploration well on the Umid field, a source at SOCAR said.
"Some drilling of the second exploration well has already been started. We are currently preparing for large-scale drilling operations," the source said.
The source said that drilling is scheduled for completion by late 2011-early 2012.
As SOCAR head Rovnag Abdullayev said earlier, drilling of the second well is necessary to mark out the field.
All specific field features determined for the first well's drilling process will also be taken into account during the drilling of the second well.
SOCAR is confident that there are 250 billion cubic meters of gas and 40 million tons of condensate at Umid.
The Umid Field is located 75 kilometers from Baku. In 1953 the first geophysical works were carried out at the field. They were repeated in 1972 in a somewhat improved form. From 1977 to 1992, nine wells were drilled without result.
