GL Group is set to drill the first onshore horizontal well in Azerbaijan’s history at a depth of 4,400 meters, with a planned lateral length of approximately 400 meters, targeting deep oil reservoirs at similar depths. This horizontal well is part of a larger initiative that includes drilling three new sophisticated deep wells in the Kursangi and Garabaghli fields in the Salyan district, breaking a 14-year pause in drilling activities in these fields. This week, GL Group announced a tender for drilling services, inviting both local and international drilling companies to participate (https://www.gl.world/media/news/tender-announcement/). The drilling campaign will employ new technologies, underscoring GL Group’s commitment to driving innovation and operational excellence in Azerbaijan’s oil and gas sector.
Earlier this year, GL Group completed drilling six new wells in the Buzovna-Mashtaga and Gala fields operated by its affiliated company Taghiyev Operating Company ahead of schedule, incident-free, and with zero environmental impact. To date, production from these six wells has exceeded initial forecasts, further emphasizing GL Group's operational efficiency and commitment to achieving outstanding results.
At the Kursangi and Garabaghli fields, operated by its affiliated company Salyan Oil Limited, a 19-year base production decline has been halted, with production now ramping up through operational efficiency programs implemented without significant capital investments.
“This drilling program represents a significant leap forward for GL Group. Eventually, the combination of advanced drilling technologies and operational efficiencies will result in setting new standards for onshore production in the region," stated Asif Zeynalov, Group CEO and Chairman of the Advisory Board at GL Group.
About GL Group:
GL Group operates five oil and gas fields across Azerbaijan, including "Kursangi" and " Garabaghli" in the Salyan region and "Buzovna-Mashtaga," "Gala," and "Zyria" on the Absheron Peninsula. The group of companies’ portfolio includes operating companies such as "Salyan Oil Limited," "Taghiyev Operating Company," and "GL Technical Services" LLC, which provides technical services in the oil and gas industry. In its first international move, GL Group in 2024 acquired a 25% stake in Canadian Gazelle Energy Limited’s highly prospective gas license in Türkiye's Thrace Basin. For more information about GL Group and its strategic initiatives, please visit www.gl.world.
