ADVANCE BORING OF WELLS IN WESTERN PART OF AZERI COMPLETED
The above mentioned work is being carried out on 9 wells since pre-drilling of the first advance well has been completed. It was drilled to the depth of 3011 metres.
Pre-drilling will help speed up the process of drilling after completing the construction of the platform.
Stage-2 envisages the development of western and eastern parts of the Azeri deposit. For this purpose it is planned that a platform for 48 wells with living quarters will be set up on the eastern part of Azeri.
Drilling of the first oil should start at the end of 2006. During the period of the Stage-2 oil production from Azeri should reach levels of about 800 thousand barrels per day.
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