Azerbaijan: SOCAR Head Office Hosts Presentation on Shafag-Asiman 3D Seismic Survey

 

On May 13, a presentation on carrying out 3D-seismic survey on the prospective structure “Shafag-Asiman” was hosted at SOCAR Head Office. Opening the ceremony, SOCAR first vice-president Mr. Khoshbakht Yusifzadeh gave detailed information on the prospective structure “Shafag-Asiman”.

According to him, on May 6, a contract for exploration, development and production sharing of the prospective structure “Shafag-Asiman” signed between SOCAR and BP was ratified by the Parliament of Azerbaijan. “Shafag-Asiman” block is located 125 kilometers to the south-east of Baku and covers an area of some 1100 square kilometers. It is located in the depth of 650-800 m.

2D-seismic survey on this structure was carried out by Azerbaijani geophysicists in 1961 and revealed the presence of hydrocarbon deposits. On May of the current year, BP-Azerbaijan and Caspian Geophysical JV signed a contract to carry out 3D-seismic studies. Under the contract, Gilavar ship is expected to arrive in the structure. It was mentioned at the meeting that the ship is expected to implement 3D- seismic on the “Babak” and “Umid” perspective structures. The seismic works will give more information on availability of the South Caspian basin, as well as its geological structure.

BP Azerbaijan vice-president for exploration and evaluation Mr. Greg Riley said that the seismic survey will continue until the end of 2011. It will enable to estimate more accurately the structures and prepare a program of wild-cat drilling. General Director of the Caspian Geophysical JV Mr. Tracy Campbell gave detailed information on Gilavar ship. According to him, the ship has successfully implemented the orders of “Shell”, “BP”, “Maersk”, “Petrobras” Companies. At present, the ship is in Norway for receiving proper licences. The ship is expected to arrive in Azerbaijan in June of the current year.

Source:Socar , May 16, 2011;

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply