In mid-September representatives of the State Oil Company of Azerbaijan (SOCAR) and its operating company Salyan Oil, which is developing the onshore oil field Kursangi-Garabaghly, will discuss activities implemented in 2006, SOCAR has informed Trend.
In 2006 it is planned to drill 8 wells on the contracted area. Four will be exploitation wells, 2 water injection wells, one exploration well and one appraisal well. The cost for this venture is expected to amount to approximately $50m. Drilling will be carried out by the Chinese drilling contractor Great Wall.