BAKU, Azerbaijan, February 4. Azerbaijan's
SOCAR AQS plans to roll out the Managed Pressure Drilling (MPD)
technology at the Gunashli field, Saleh Orujov, geologist at the
company, said during the IADC Drilling Caspian 2026 conference and
exhibition in Baku, Trend reports.
He noted that the use of MPD technology is of key importance for
the Gunashli field, since reservoir depletion is taking place not
due to natural processes, but to intensive development.
bp Exploration (Caspian Sea) Limited is the operator on behalf
of the Contractor Parties to the Azeri-Chirag-Gunasli (ACG)
Production Sharing Agreement.
ACG participating interests are: bp (30.37%), SOCAR (31.65%),
MOL (9.57%), INPEX (9.31%), ExxonMobil (6.79%), TPAO (5.73%),
ITOCHU (3.65%), ONGC Videsh (2.92%).