ECONOMY
SWAP second exploration well drilling commenced
Baku, December 22, AZERTAC
bp as operator of the Shallow Water Absheron Peninsula (SWAP) advises that the Satti jack-up rig has moved to the Bibi-Heybat prospective area to commence the drilling of the second SWAP exploration well - BHEX01. This follows the abandoning of the first SWAP exploration well drilled in the North Khali area as per the original design and plan, bp told AZERTAC.
The BHEX01 exploration well will be drilled within the West Prospective Area of the SWAP Contract Area, approximately 1.5km from the coast, in the water depth of approximately 7m. The well is planned to reach total depth of up to 4400 metres.
Drilling activities will commence on 11 December and are expected to take approximately four months to complete with a further month of drilling anticipated should appraisal activities be required for obtaining further reservoir information.
bp is operator and holds a 25% interest in the SWAP production sharing agreement (PSA) with partners SOCAR holding a 50% interest and LUKOIL the remaining 25%.
FEEDBACK
Other news in this section
- 29.08.2023 [10:41]
Oil prices fall in world markets
- 29.08.2023 [10:34]
Azerbaijani oil price sells for $88.56
- 28.08.2023 [16:41]
Shah Deniz celebrates 200 billion cubic metres of total gas production
- 28.08.2023 [10:49]
Oil prices rise in world markets
- 26.08.2023 [10:53]
Azerbaijani oil price exceeds $88
- 26.08.2023 [10:36]
Oil prices rise in world markets
- 25.08.2023 [11:00]
Azerbaijani oil price drops in world markets
- 25.08.2023 [10:21]
Oil prices rise in world markets
- 24.08.2023 [10:57]
Oil prices fall in world markets
Almost 1.8m people owe £50,000 or more in student debt
- 02.07.2024 [19:50]
Azerbaijan and NATO discuss military cooperation issues
- 02.07.2024 [19:45]
Dick Schoof: Ex-spy chief sworn in as Dutch prime minister
- 02.07.2024 [19:36]
Azerbaijani ambassador presents his credentials to Congolese President
- 02.07.2024 [19:21]
Pakistani ambassador completes his diplomatic tenure in Azerbaijan
- 02.07.2024 [18:56]
Media accreditation portal for COP29 launched
- 02.07.2024 [18:30]
Azerbaijan, Chinese BYD Company Limited sign documents on cooperation
- 02.07.2024 [18:05]
Water level in sections of China's longest river exceeds warning mark VIDEO
- 02.07.2024 [16:56]
Azerbaijani defense minister visits Belarus
- 02.07.2024 [16:45]
Azerbaijani rhythmic gymnasts ready for action in Zaragoza
- 02.07.2024 [16:15]
Potentially catastrophic hurricane Beryl moves towards Jamaica
- 02.07.2024 [15:46]
BHOS students receive scholarships from DAAD
- 02.07.2024 [15:43]
EU says Meta's paid ad-free option breaches rules
- 02.07.2024 [15:02]
Boxing icon Mike Tyson throws Euro weight behind Crescent-Stars
- 02.07.2024 [14:50]
Azerbaijan, Swiss central bank governors explore prospects for cooperation
- 02.07.2024 [14:23]
Central Bank: $73.7m worth of demand fully covered at FX auction
- 02.07.2024 [14:21]
SCO Astana Summit: A new era for cooperation and expansion
- 02.07.2024 [14:20]
Azerbaijan, Bulgaria eye energy cooperation
- 02.07.2024 [14:18]
July 2 marking World Sports Journalists Day
- 02.07.2024 [14:16]
Baku hosts international event on fight against zoonotic diseases
- 02.07.2024 [14:14]
Media tour organized to Fuzuli and Khojavand districts
- 02.07.2024 [13:16]
Azerbaijan, Bulgaria discuss development of economic cooperation
- 02.07.2024 [12:54]
Team of Baku Higher Oil School wins PASHA Hackathon 4.0
- 02.07.2024 [12:21]
303 migrants deported from Libya in past week: IOM
- 02.07.2024 [11:28]
Oil prices rise in global markets
- 02.07.2024 [11:20]
Journal of Petroleum Technology: Azerbaijan - the Land of Unquenchable Fire
- 02.07.2024 [11:18]
Considerable amount of ammunition found in Khojaly, Defense Ministry VIDEO
- 02.07.2024 [11:13]
Azerbaijani oil price exceeds $90
- 02.07.2024 [10:53]
France beat Belgium 1-0 to book their place at EURO 2024 quarterfinals
- 01.07.2024 [22:48]
AZERTAC employee attending training on war journalism in Ankara
- 01.07.2024 [20:24]
Azerbaijani judokas at 2024 Paris Olympics: List of qualified judokas
- 01.07.2024 [20:04]
Azerbaijani, Israeli FMs discuss situation in region and around Gaza
- 01.07.2024 [19:44]
Taylor Swift's childhood items to go on show at V&A
- 01.07.2024 [19:19]
Azerbaijani rowers scoop five medals in Austria
- 01.07.2024 [19:15]
Baku hosts 6th meeting of Azerbaijan-Bulgaria Intergovernmental Commission
- 01.07.2024 [19:11]
Albania’s world-renowned novelist Ismail Kadare dies at 88
- 01.07.2024 [19:02]
AZAL begins ticket sales to Fuzuli
- 01.07.2024 [18:49]
Royals open Balmoral Castle to extensive public tours for first time
- 01.07.2024 [17:06]
Another team of Baku Higher Oil School wins $100,000 investment
- 01.07.2024 [15:13]
® Azercell supported the organization of another "Informatics Camp”
- 01.07.2024 [15:10]
Hurricane Beryl nears Caribbean, strengthens to Category 4
- 01.07.2024 [14:53]
Philippines warns of rise of dengue cases
- 01.07.2024 [14:47]
Military Medical Faculty holds feldshers’ graduation ceremony
- 01.07.2024 [13:10]
Australia doubles foreign student visa fee in migration crackdown
- 01.07.2024 [12:17]
Azerbaijani freestyle wrestling team crowned European champions in Serbia
- 01.07.2024 [12:00]
Egypt, EU sign investment deals worth billions of USD
- 01.07.2024 [11:46]
Oil prices rise in global markets
- 01.07.2024 [10:40]
Xi to attend SCO summit, pay state visits to Kazakhstan, Tajikistan
- 30.06.2024 [16:25]
Deputy Foreign Minister of Azerbaijan conducts working visit to Croatia
- 30.06.2024 [12:55]
Azerbaijan's Minister of Energy visits Italy
- 30.06.2024 [12:32]
Team of Baku Higher Oil School earns US$100,000 investment
- 30.06.2024 [11:17]
Azerbaijani wrestler claims European crown
- 30.06.2024 [11:00]
Samarkand hosts OIC Youth Forum
- 29.06.2024 [20:28]
Türkiye’s 1st indigenous communications satellite to be launched on July 8
- 29.06.2024 [20:14]
Azerbaijan, Montenegro explore prospects for social cooperation
- 29.06.2024 [19:31]
Korea-China–Kazakhstan–Uzbekistan railway project launched
- 29.06.2024 [17:40]
Nigeria's north-east risks mass hunger as UN funding dwindles
- 29.06.2024 [16:57]
Baku Open-2024 Chess Festival kicks off with grand opening ceremony
- 29.06.2024 [16:50]
Chelsea sign Aston Villa teenager Omari Kellyman on six-year contract
- 29.06.2024 [16:48]
Team of Baku Higher Oil School earns US$100,000 investment
- 29.06.2024 [16:41]
Poll shows 60% of Americans want Biden replaced as presidential candidate
- 29.06.2024 [16:16]
UN announces 2024 Sustainable Development Report
- 29.06.2024 [14:42]
Azerbaijani karate fighter wins gold in Croatia
- 29.06.2024 [14:26]
Jewelry collection inspired by national motifs presented in Paris
- 29.06.2024 [13:36]
Iran’s presidential election goes to runoff
- 29.06.2024 [13:30]
President of International Chess Federation visits Azerbaijan
- 29.06.2024 [12:34]
SpaceX launches 2nd batch of next-gen US spy satellites
- 29.06.2024 [12:19]
EURO 2024 Round of 16 to kick off Saturday
- 29.06.2024 [11:43]