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SOCAR has 6741 active wells

Oil&Gas Materials 24 October 2005 11:52 (UTC +04:00)

Since the beginning of the year the fund of active wells of the State Oil Company of Azerbaijan (SOCAR) comprised 6741, or 163 wells down as compared to period as of 1 January 2005. The wells of the oil and gas producing units of the Azneft Production Association, make up 4959, or 703 wells down as compared to the period as of 1 January 2005. In 2004 a total of 5663 were under the balance of the SOCAR, Trend reports

In this period 199 wells were included in the Fund, while 903 excluded.

Since the beginning of the year the fund of active wells of the onshore joint ventures and operating companies comprised 1782, 541 wells more as compared to period as of 1 January 2005. In 2004 a total of 1241 wells were under the balance of the SOCAR.

In this period 842 wells were included in the Fund, while 301 excluded.

The comparative table of the fund of wells under the disposal of thРµ Oil and Gas

Producing Unit (OGPUs) in January to September is as follows:

OGPU of SOCAR

Fund of Wells as of 1 January 2005

Included in Jan-Sept 2005

Excluded in Jan-Sept 2005

Fund of wells as of 1 October 2005

28 May

209

15

13

211

Neft Dashlari

418

19

8

429

Narimanov

148

1

1

149

Balakhanineft

1127

30

25

1132

Gum Adasi

80

3

8

76

Absheronneft

583

20

19

584

Bibiheybat

589

24

11

602

Binagadineft

721

6

727

0

Surakhanineft

271

26

12

285

Amirov

443

24

26

441

Bulla Deniz

31

0

1

30

Tagiyev

182

20

32

170

Siyazanneft

802

8

20

790

Muradkhanly

58

2

0

60

The comparative table of the fund of wells under the disposal of JVs and operating companies in January to September is as follows:

JVs and operating companies

Fund of Wells as of 1 January 2005

Included in Jan-Sept 2005

Excluded in Jan-Sept 2005

Fund of wells as of 1 October 2005

Salyan Oil

239

15

10

244

Shirvan Oil

332

16

17

331

KAOC

258

46

69

235

Azgerneft

220

16

7

229

Anshad Petrol

184

22

9

197

GOC

5

1

0

6

AzShengli

3

4

0

7

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