Georgia-focused Block eyes hydrogen, carbon capture options
Georgia-focused Block Energy said on June 14 it had signed a memorandum of understanding (MoU) with Baker Hughes on assessing options for carbon capture, hydrogen and geothermal options at its Samgori, Patardzeuli and West Rustavi fields.
The MoU also envisages multiple service awards for advanced oil and gas technologies during a multi-well, mostly production-focused drilling campaign, Block said. The initial plan will be to drill a horizontal well targeting 2.1mn barrels of oil equivalent at the WR-BA well location at West Rustavi.
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Under the agreement, Baker Hughes will also support development across Block's portfolio, by providing services such as drilling fluids, cementing, drill bits, directional drilling, with the advanced technologies of rotary steerable systems, and a premium logging-while-drilling service. In addition, it will supply efficient well intervention and production-enhancement services to boost current production rates and drive efficiency, Block said.