In the Azerbaijani-Light-Sunar (AGG) structure in the Azerbaijani sector of Xerxes, drilling a well is almost complete to determine the productivity of deep gas layers under the oil bed that are currently being exploited.

"APA-Economics" reports that BP's vice president for communications and foreign relations in the Xerxes region, Bhagiyar Aslanbayev, told journalists.

The drilling has almost completed and an interpretation of the information currently available is under way, he said.

"In the near future, existing information will be made public once it is agreed," said Happy Aslanbayev.

He added that the main work under the well drilling framework was complete and that the process was expected to be completed in the near future (with no exception that it would be completed by the end of the summer - red.)

It should be noted that BP, the operator of the AGG project, announced in January this year that operations had begun to drill a new valuation well to gather information about the deep gas layers under the oil bed exploited by the AGG. This well, called A22z, will be drilled from the Light platform and will be drilled through the existing A22 injector well (water-hitting well) into deep gas layers in the southern part of the AGG structure. If successful, the information to be obtained from the well will allow for an expansion of understanding of the structure of the area and the pressures in the deep layers. The well will take about three months to drill. Thereafter, the well also includes a vast carrot app and the installation of measuring devices to record pressure data.


Remember, the share of the AGG is this ratio: BP - 30.37% (operator), AzACG (SOCAR) - 25.00%, MOL – 9.57%, "Inpex" – 9.31%, "Equinor" (formerly "Statoil") – 7.27%, "ExxonMobil" – 6.79%, TPAO – 5.73%, "Itochu" – 3.65% and "ONGC Videsh Ltd." (OVL) - 2.31%. The agreement between the parties was credible for 30 years (2024). Nevertheless, on September 2017, 14, the Azerbaijani government and SOCAR, along with international partner companies, signed a revised and revised agreement on the cooperation of the ECHR and the Payment Region of Harvest. The new deal, which covers the growth of the OECD by 2050, will allow it to significantly increase the bloc's growth potential by the middle of the century.