Azerbaijan, Baku / Trend / From January to October 2007, the State Oil Company of Azerbaijan Republic (SOCAR), Operating Companies (OC) and Joint Ventures (JV) produced 7,357,700t of oil from onshore and offshore fields of the country, which is 139,000t (1.9%) less than the same period in 2006.
During this period, the oil and gas production units (OGPU) of SOCAR produced a total of 6,465,780t of oil, or 127,370t (2%) less as compared to 2006. In this period, foreign companies within the joint ventures (JV) and operating companies (OC) produced 991,920t of oil, which is 11,630t (1.2%) more than was produced in 2006.
In this period the total gas production in Azerbaijan reached 8.128.96mln cu, or up by 2.549.53mln cu m (45.7%) as compared to same period of 2006.
The oil and gas production units of SOCAR produced 4,699,900 cu m of gas, or 1,239,170cu m (35.8%) more compared to same period of 2006. JV and OC produced 119.95mln cu m of gas in this period, or 19.85mln cu m (19.8%) more than in the same period of 2006.
During this period the Azerbaijan International operating Company (AIOC) produced 2,141,700cu m of casing-head gas from the Azeri-Chirag-Guneshli field, or 164.05mln cu m (9.9%) more as compared to 2006.
There are fifty-seven oil and gas fields in Azerbaijan, including eighteen offshore. SOCAR staff consists of 60,000 employees.
Oil and gas production from January to October 2007:
Oil (ths. tons) | October | October to September | ||
2007 | 2007 | 2006 | % | |
Total | 746,41 | 7357,70 | 7496,70 | 98,1 |
OGPUs of SOCAR | 641,42 | 6365,78 | 6493,15 | 98,0 |
JV and OC | 104,99 | 991,92 | 1003,55 | 98,8 |
Gas(in mln cu m) | ||||
Total | 842,30 | 8128,96 | 5579,43 | 145,7 |
OGPUs of SOCAR | 542,06 | 4699,90 | 3460,73 | 135,8 |
JV and OC | 12,90 | 119,95 | 100,10 | 119,8 |
AIOC (for SOCAR) | 118,84 | 2141,70 | 1977,65 | 108,3 |