Baku, Azerbaijan, July 19
By Leman Zeynalova – Trend:
The introduction of Chinese technology at Kursengi and Garabagli onshore oil fields in Azerbaijan is being delayed due to technical problems, a source in the country's oil and gas market told Trend.
“The use of this technology at these fields is expected in October-November of the current year. Previously, the introduction of new technology was planned for June 2019, but due to some technical problems, we had to postpone the work. This technology will be used at old wells, which have many technical problems. We will take measures to eliminate these problems in order to prevent possible security implications. These issues will be resolved by October-November,” the source said.
This technology is about injecting hot air into the reservoirs, which will allow to raise the oil recovery ratio and resume production at exhausted and old wells. It was expected that as a result, the oil output will go up by 30 percent by the second half of 2019.
Earlier, it was reported that if this pilot project brings positive results, this technology will be used not only at Kursangi and Garabagli fields, but also in other projects of Azerbaijan’s state oil company SOCAR.
The fields are located in Azerbaijan’s Salyan district, around 150 kilometers from Baku. Some experts believe that the remaining reserves on the contract area exceed 150 million tons.
The contract for development of Kursangi and Garabagli fields was signed in 1998 for a period of 25 years. The shareholders of Salyan Oil are Azerbaijan’s state oil company SOCAR and China National Oil & Gas Exploration and Development.
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