It is planned to produce up to 4 billion cubic meters of gas at the second stage. Petrofac and the State Oil Company of the Republic of Azerbaijan ( SOCAR ) have been awarded a 12-month contract to support Total and SOCAR ’s Exploration & Production activities in Azerbaijan . The joint venture will supply Engineering and Technical Services in the Baku natural gas field , located in the Caspian Sea . The fields reserves are estimated to be 326 billion cubic meters of gas and 108 million tons of condensate , according to Total . The first phase of development is expected to involve drilling one well at a sea depth of 450 meters , with a projected 4 billion cubic meter of gas being produced at the second well . The contract has an option to extend .
Petrofac and the State Oil Company of the Republic of Azerbaijan ( SOCAR ) have been awarded a 12-month contract to support Total and SOCAR ’s Exploration & Production activities in Azerbaijan . The joint venture will supply Engineering and Technical Services in the Baku natural gas field , located in the Caspian Sea . The fields reserves are estimated to be 326 billion cubic meters of gas and 108 million tons of condensate , according to Total . The first phase of development is expected to involve drilling one well at a sea depth of 450 meters , with a projected 4 billion cubic meter of gas being produced at the second well . The contract has an option to extend .