BP Azerbaijan announces plans to drill off Absheron peninsula

BP Azerbaijan is planning  to start exploratory drilling on  in the shallow waters of the Absheron peninsula by the end of next year, its  Regional President for Azerbaijan, Turkey and Georgia Gordon Birell announced this week, with three-dimensional seismic studies due to begin next month.  BP was officially  awarded the contract to explore the peninsula’s waters by SOCAR in April last year. The agreement covers a 1,900 km² area that  extends along the  southern section of the Absheron Peninsula. The  sea depth is about 25 meters, and the depth of the bedding of the potentially productive strata  between 3,000 and 5,000 meters.

Source: TREND