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Dan Ulduzu field

From Wikipedia, the free encyclopedia

Dan Ulduzu
CountryAzerbaijan
Locationnear Absheron peninsula
Offshore/onshoreoffshore
OperatorSOCAR
PartnersAmoco (30%),
SOCAR (20%),
Itochu (20%),
Unocal (25.5%),
Delta Oil Company (4.5%)
Field history
Discovery1970s
Start of development1997
Production
Estimated oil in place40 million tonnes
(~ 50×10^6 m3 or 300 million bbl)
Estimated gas in place25×10^9 m3 (880×10^9 cu ft)
Producing formationsUpper Cretaceous

Dan Ulduzu field is an oil and gas field located 105 km (65 mi) northeast of Baku, Azerbaijan, west of Karabakh field, in the northern section of Absheron archipelago.[1][2] In Azerbaijani, Dan Ulduzu means Pole Star.

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>> Bill: created Microsoft I was 13 when I first got access to a computer. >> Jack: created Twitter My parents bought me a Macintosh in 1984 when I was eight years old. I was in sixth grade I learned to code in college. >> Ruchi: First female engineer at Facebook. Freshman year first semester, Intro to Computer Science. I wrote a program that played Tic-tac-toe. >> Drew: Created Dropbox I think it was pretty humble beginnings. I think the first program I wrote asked things like, What's your favorite color? Or, How old are you? >> Elena: Created Clothia.com I first learned how make a green circle and a red square appear on the screen. >> Gabe: Created Valve The first time I actually had something come up and say "Hello World", and I made a computer do that, it was just astonishing. >> Mark: Created Facebook Learning how to program didn't start off as wanting to learn all of Computer Science or trying to master this discipline or anything like that. it just started off because I wanted to do this one simple thing. I want to make something that was fun for myself and and my sisters. I wrote this little program then basically just add a little bit to it. Then when I needed to learn something new I looked it up either in a book or on the Internet and then added a little bit to it. It's really not unlike kind of playing an instrument or something or playing a sport. It starts out being very intimidating, but you kind of get the hang of it over time. >> Chris: NBA All-Star, Coded in College Coding is something that can be learned and... I know it can be intimidating... a lot of things are intimidating, but... you know, what isn't? >> Makinde: Early Facebook engineer A lot of the coding that people do is actually fairly simple. It's more about the process of breaking down problems than coming up with complicated algorithms as people traditionally think about it. >> Vanessa: Created Girl Develop IT You don't have to be a genius to know how to code. You need to be determined. Addition, subtraction...that's about about it. >> Tony: CEO @ Zappos You should probably know your multiplication tables. >> Bronwen: Technical artist at Valve You don't have to be a genius to code. Do you have to be a genius to read? Even if you want to become a race car driver or play baseball or... you know build a house... all of these things have been turned upside down by software. What is it, is you know, computers are everywhere. You want to work in agriculture? Do you want to work in entertainment? Do you want to work in manufacturing? It's just all over. Here we are, 2013 >> Will.I.Am: Created The Black Eyed Peas, Now taking coding classes We all depend on technology to communicate, to bank... ...information... and none of us know how to read and write code. When I was in school I was in the this after school group called the Whiz Kids and when people found out they laughed at me and you know, all these things and I'm like "Man I don't care! I think it's cool and I'm learning a lot and some of my friends have jobs!" Our policy is literally to hire as many talented engineers as we can find. The whole limit in the system is that there just aren't enough people who are trained and have these skills today. To get the very best people we try to make the office as awesome as possible. We have a fantastic chef. free food breakfast, lunch and dinner. free laundry Snacks even places to play video games and scooters there's always kinds of interesting things around the office where people can play, or relax, or go to think, or play music or be creative. >>HADI: Created Code.Org Whether you're trying to make a lot of money or whether you just want to change the world, Computer programming is an incredibly empowering skill to learn. I think if someone had told me that software is really about humanity, that it's really about helping people by using computer technology it would have changed my outlook a lot earlier. To be able to actually come up with an idea and then see it in your hands and then be able to press a button and have it be in millions of people hands, I mean, I think we're the first generation in the world that's really ever had that kind of experience. Just to think that you can start something in your college dorm room and you can have a set of people who haven't built a big company before come together and build something that a billion people use as part of their daily lives... It's crazy to think about, right? It's really, it's humbling and it's amazing. The programmers of tomorrow are the wizards of the future. You know, you're going look like you have magic powers compared to everybody else. It's amazing. It's, it's the closest thing we have to a super power. Great coders are today's Rock Stars. That's it!

Dan Ulduzu-Ashrafi bloc

The Production sharing agreement (PSA) for exploration, development and production between SOCAR and NAOC consortium for Dan-Ulduzu-Ashrafi bloc was signed on December 14, 1996. The contract area is 453 km2.[3] The water depth on location is 160 metres (520 ft) – 180 metres (590 ft).[1] According to the contract, 3 exploration wells would be drilled and if successful, the production would start in 2003 with an intended output to reach 7 million tons per year by 2007. Azerbaijan would also have been paid $75 million in bonuses. Total capital investment was estimated at $2.5 billion.[4] After drilling of 3 exploration wells, 2 million tons of oil was discovered at Dan Ulduzu and 6 million tons was found at Ashrafi field in January 1998.[5] During the exploration stage, in 1998-2001, the price for barrel of oil was below $20.[6] Due to low prices, the bloc was not considered commercially viable.[7] On March 7, 2000, the contract for exploration ended and was not renewed by the consortium.[2]

Ownership

The project was operated by North Absheron Operating Company (NAOC) which consisted of the operator Amoco (acquired by BP) (30%), SOCAR (20%), Itochu (20%), Unocal (25.5%), Delta Oil Company (4.5%).[8] The company had spent a total of $64.5 million on exploration.[6] The initial right for development of the field was granted to Amoco and Unocal in 1992. The other partners joined in during the mid-1990s.[9]

Drilling renewed

In early 2004, SOCAR confirmed plans to revitalize the project at Dan Ulduzu and Ashrafi fields in 2007.[10] SOCAR intends to drill 19 wells by 2015, which will require an investment of 2.76 billion Azerbaijani manats.[11][12] Currently, the drilling is being carried out by Caspian Drilling Company, contracted for various projects by SOCAR.[13]

See also

References

  1. ^ a b "Подписание новых нефтяных контрактов в рамках нефтегазовой выставки Caspian Oil&Gas-2004 не планируется - президент ГНКАР" [Signing of any contracts during Caspian Oil&Gas-2004 is not being planned - President of SOCAR]. Kazakhstan Today. 2004-05-12. Archived from the original on 2011-07-22. Retrieved 2010-06-28.
  2. ^ a b "AFR Azərbaycanla enerji sahəsində əməkdaşlığın intensivləşdirilməsinin tərəfdarıdır" [Germany is interested in intensifying cooperation with Azerbaijan in the energy sector]. Interfax Azerbaijan. 2007-05-22. Archived from the original on 2011-07-06. Retrieved 2010-06-28.
  3. ^ Betty Blair (Summer 1998). "Dan Ulduzu and Ashrafi. No longer in operation after April 1999". Azerbaijan International. Retrieved 2010-06-28.
  4. ^ Betty Blair (Winter 1996). "Fourth Oil Consortium Signed. Dan Ulduzu and Ashrafi Prospects". Azerbaijan International. Retrieved 2010-06-28.
  5. ^ Huseynov, Vagif (2002). Caspian oil. Economy and Geopolitics. New York: OLMA-PRESS. p. 52. ISBN 5-224-03880-4. Retrieved June 28, 2010.
  6. ^ a b "Нет худа без добра. "Ашрафи" нашло судьбу" [Good things happen. Ashrafi found its destiny]. Archived from the original on 2011-07-06. Retrieved 2010-06-28.
  7. ^ I. Mammedli (2007-05-25). "ОБСУЖДЕНЫ ВОПРОСЫ УЧАСТИЯ В МЕЖДУНАРОДНОЙ ВЫСТАВКЕ "НЕФТЬ И ГАЗ КАСПИЯ"" [Issues related to Caspian Oil and Gas Expo are discussed]. Vyshka. Retrieved 2010-06-28.
  8. ^ "Wintershall Azərbaycanın dəniz yatağında kəşfiyyat quyusu qaza bilər" [Wintershall might start drilling in Azerbaijani oil field]. Trend News Agency. 2007-03-02. Archived from the original on 2011-08-12. Retrieved 2010-06-28.
  9. ^ "Speech of Heydar Aliyev on PSA agreement with foreign investors". Archived from the original on 2011-07-24. Retrieved 2010-06-28.
  10. ^ "ГНКАР приступит к освоению месторождений "Карабах" и "Ашрафи-дан улдузу"" [SOCAR will start development of Karabakh and Ashrafi-Dan Ulduzu fields]. Day.az. 2004-04-12. Retrieved 2010-06-28.
  11. ^ Nurlana Guliyeva (2006-02-17). "Contract of the century, or a day longer than a century..." Region Plus. Archived from the original on 2011-07-06. Retrieved 2010-06-28.
  12. ^ "SOCAR. Oil Strategy of Azerbaijan: successes and perspectives". Archived from the original on 2008-08-04. Retrieved 2010-06-28.
  13. ^ "Caspian Drilling Company. Our Company". Retrieved 2010-06-28.

External links

This page was last edited on 31 July 2023, at 15:21
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