Baku, Azerbaijan, Mar.4
By Huseyn Veliyev - Trend:
The State Oil Company of Azerbaijan (excluding the joint enterprises and operating companies) carried out drilling work in the volume of 14,155 meters in January-February 2015, compared to 21,802 meters in January-February 2014, a message from SOCAR said Mar.4.
This is while the development drilling accounted for 13,555 meters of the total volume of drilling work carried out by SOCAR in January-February 2015 (21,734 meters in January-February 2014), while the exploration drilling accounted for the remaining 600 meters.
The volume of drilling work carried out by SOCAR in 2014 was equal to 127,346 meters compared to 142,656 meters in 2013.
This is while the development drilling accounted for 124,718 meters of the total volume of drilling work carried out by SOCAR in 2014 (135,665 meters in 2013), while the exploration drilling accounted for the remaining 2,628 meters.
SOCAR includes Azneft (companies producing oil and gas offshore and onshore), Azerkimya (chemical industry) and Azerigas production associations.
Jointly with foreign partners, SOCAR participates in such large projects as the development of Azeri-Chirag-Guneshli oil and gas fields' block and Shah Deniz gas condensate field in the Caspian Sea.
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