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SOCAR AQS completed drilling of next well on Gunashli successfully and ahead of schedule

SOCAR AQS completed the works on construction of well # 342, with target depth of 2660m, successfully, ahead of schedule, without any incidents and without harming the environment.

Ogtay Baghirov, Head of Operations Performance Control department said: ‘’Well no 342 has been efficiently drilled with new generation drilling technology “Bentec 3000 HP” to the Balakhani productive layer – X and put into operation. The actual commercial rate of the well is 1698m/unit/month. This number results from safe construction of the well and optimization of the drilling, which led to 1.5 times faster delivery of the well and high economic efficiency’’.

We are confident that we will continue to adhere to our values, and as before, will be delivering the wells to our customers in compliance with health, safety and environment requirements; without any complications, ahead of the determined schedule and in cost effective manner.

The Customer of drilling works is Azneft Production Unit.

Notably, SOCAR AQS LLC was established as an integrated drilling and well services management company between the State Oil Company of Azerbaijan Republic and Absheron Drilling Company in 2007. Main scope of activities of the company is provision of work and services related with drilling of oil and gas wells, including: well design and planning; drilling of oil and gas wells; drilling of directionally deviated wells; drilling of horizontal wells; well completion; well workover; sidetracking and drilling of multilateral wells.

Currently, SOCAR AQS implements works on drilling the wells from platforms 7 and 11 located on Shallow Water Gunashli Field, platform 10 on the West Absheron fixed and from fixed platform 6 located on the Bulla Field.

The company is a contractor member of IADC since 2009. SOCAR AQS has been assessed and certified as meeting the requirements of ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 international standards for Provision of Integrated Offshore Oil & Gas Drilling and Well Services; Casing Running Services and BOP and Wellhead Equipment Repairing and Testing Services.

In 2017, SOCAR AQS have been certified as meeting the requirements of the API Spec Q2 Quality Management System Standard for the Provision of Integrated Offshore Oil & Gas Drilling & Well Services.

SOCAR AQS”s shareholders are SOCAR and Nobel Oil Services.