Not Everything Smooth at Total on Absheron Project
2017 November 03 ( Friday ) 10:14:16
Baku/03.11.17/ Turan: The French company Total plans to start drilling a production well in the Absheron field in January 2018, Denis Lemarchal, the General Director and Chief Representative of Total in Azerbaijan, told journalists.
"Currently, we are preparing for drilling operations. We plan to start drilling operations in January 2018. The drilling will be carried out by a new semisubmersible floating rig named after Heydar Aliyev," Lemarchal said.
Earlier, the company announced plans to start drilling operations on the contract area in late September 2017.
It also said the Final Investment Decision (FID) for the first stage of the field development will be taken in March 2018. Earlier, the company expected that the FID for the project would be adopted in November or December 2017.
According to Total, the well will be drilled at a depth of 450 meters. The expected daily production rate of this well is 2,000 tons of condensate and 4.3 mcm of gas.
The whole volume of gas (1.5 bcm per year) from the first phase of Absheron will be exported to the domestic market of Azerbaijan. As Turan was told in SOCAR, there is no agreement on the condensate yet.
The beginning of gas production from the field is likely to occur in early 2020. -12B