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Onshore JVs and Operating Companies Decrease Oil Production

Oil&Gas Materials 10 October 2007 18:12 (UTC +04:00)

Azerbaijan, Baku / corr. Trend S.Aliyev / In January-September the joint ventures and operating companies working in the onshore fields of Azerbaijan produced nearly 887,000t of oil, a decrease of 0.7% during the same period of last year, a source at the State Oil Company of Azerbaijan stated. In September the joint ventures and operating companies produced 97,200t of oil.

The largest volume of oil production came from the operating company Salyan Oil which is developing the contractual site "Kursang-Garabagli" producing 237,100t of oil.

The smallest amount of oil production came from Kura Valley Company at only 636t.

Below is the summary table of oil production by relevant enterprises and operating companies in January-September 2007 (ths t):

Joint Ventures and Operating Companies September 2007 September-August 2007
Salyan Oil 24763 237104
Shirvan Oil 17044 163035
OK Karasu 22100 197470
Azgerneft 5850 52908
Anshad Petrol 3843 35268
Gobustan 256 2820
Az.Seng-Li 770 6330
ОC Binagadi 9673,204 88423,355
ОC Garachukhur 972,480 7549,922
ОC Kura valley 357 636
Suraxani Oil Operation 11556 95390
Total 97184,684 886934,277
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