Within the framework of the agreement on the exploration, development, and production sharing of the "Shah Deniz" prospective field, located in the Azerbaijani sector of the Caspian Sea, the drilling of a new exploratory well in the "Shah Deniz" contract area may end earlier than planned, Ednews reports citing a source in the oil and gas sector.
"Drilling works are going well, even ahead of schedule," the source noted.