ECONOMY


BP-Azerbaijan continues planning for first exploration well on Shafag-Asiman block

Baku, May 11, AZERTAC

BP-Azerbaijan has said it continues planning for the first exploration well on the Shafag-Asiman block.

According to the company, the processing of the 3D data acquired in 2016 from the Shallow Water Absheron Peninsula (SWAP) contract area is ongoing. “The full processing is expected to complete by the third quarter of 2017, while the seismic interpretation will be completed by the fourth quarter of the year,” the company added.

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