Drilling on Absheron scheduled to complete in June

The first appraisal well on Absheron prospect has reached the depth of 4,900 meters. A source from Chevron, project operator, has told AssA-Irada that if no new problems arise, the drilling operations will complete in June.
Two exploratory wells are to be drilled on Absheron. The first, with designed depth of 6,700 meters, will be drilled in 520 meters of water using the “Istiglal” drilling rig.
Chevron holds a 30% stake in the Absheron contract, TotalFinaElf 20% and SOCAR 50%.*

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Issue: April, 25, 2001


OFFICIAL INFORMATION

President off to Turkic Summit


POLITICS

MPs attending PA CE session


ECONOMICS

Drilling on Absheron scheduled to complete in June

Daily output from Kursangi-Garabagli raised

Azersun Holding to start processing scrap paper

Industrial property seminar starts in Baku


SOCIAL LIFE

Int’l conference on problems of disabled Garabagh held

Goiter cases up


CULTURE

What is it like to be a writer?

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