Extraction of gas from the Shah Deniz gas condensate field will reach its top in the framework of the first stage in the first half of 2009, after which the volume of extraction will stabilize on the said level. According to Day.Az, Bill Schreider, president of BP-Azerbaijan, said that within the period of stable extraction in the framework of the first stage extraction will make up 8,600,000,000 cubic meters of gas per year and nearly 45,000 barrels of condensate per day.
It should be noted that in 2008 the gas extraction from the field is predicted to be 7.7 bln and condensate extraction 1.9 mln. At the same time, in the first quarter of this year the field extracted 1.8 bln cubic meters of gas and 0.5 mln tons of condensate.
Currently, 19.8 mln cubic meters of gas and 40 mln barrels of condensate per day are produced from four advancing wells of the field.
Schreider also announced that the concept of the stage 2 implementation will be chosen this year which will be followed by a detailed engineering of the project, planned for late 2008. He said in line with initial data, received following the drilling of SDX-4 well, the volumes of gas extraction are expected on the level of 8.6 bln cubic meters per year and, perhaps, even more. in the framework of the second stage.
It should be noted that in 2008 the gas extraction from the field is predicted to be 7.7 bln and condensate extraction 1.9 mln. At the same time, in the first quarter of this year the field extracted 1.8 bln cubic meters of gas and 0.5 mln tons of condensate.
Currently, 19.8 mln cubic meters of gas and 40 mln barrels of condensate per day are produced from four advancing wells of the field.Schreider also announced that the concept of the stage 2 implementation will be chosen this year which will be followed by a detailed engineering of the project, planned for late 2008. He said in line with initial data, received following the drilling of SDX-4 well, the volumes of gas extraction are expected on the level of 8.6 bln cubic meters per year and, perhaps, even more. in the framework of the second stage.
Source: Today.AZ
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