Baku, June 17 - Neftegaz.RU. There are plans to produce about 1 billion cu m of natural gas from Umid field in Azerbaijan this year, a source in Azerbaijan's state oil company SOCAR said,Trend reports.
3 wells operate on the Umid-1 production platform with a total daily flow rate of 2,7 million cu m of gas and 430 tons of gas condensate per day.
Umid is included in the Umid-Babek block of deposits, which is developed by SOCAR and its minority partner Nobel Upstream. SOCAR has a long-term development program for the Umid-Babek block, thanks to which it will be able to receive annually up to 5 billion cu m of gas from the Umid field only.