...

Onshore JVs and Operating Companies Reduce Oil Production in Azerbaijan

Oil&Gas Materials 21 January 2008 18:39 (UTC +04:00)

Azerbaijan, Baku, 21 January / Trend corr. S.Aliyev / In 2007, the joint ventures and operating companies working in the onshore fields of Azerbaijan produced nearly 1.2mln tons of oil, a reduction of 1.6% from last year, a source at the State Oil Company of Azerbaijan stated. In December joint ventures and operating companies produced 101,000 tons of oil.

The largest volume of oil production came from the operating company Salyan Oil which is developing the contractual site Kursang-Garabagli and producing 308,400 tons of oil.

Below is a summary table of oil production by relevant enterprises and operating companies in 2007 (tons):

Joint Ventures and Operating Companies December 2007 % to 2006
Salyan Oil 23216 308417 98
Shirvan Oil 17391 215095 93
Karasu OC 23050 265324 86.7
Azgerneft 6045 70848 101.3
Anshad Petrol 3906 46917 99.6
Gobustan 255.000 3559 120.9
Az.Seng-Li 750 8600 126.4
Binagadi OC 9888.871 118025.422 119.4
Petroleum ОC Garachukhur 1227.745 11070.086 166.1
valley OC 392 1857 -
Suraxani Oil Operation 9930 127612 118.8
Apsheron Operating LTD 5753 16804 73.6
Total 101804.616 1193436.508 98.4
Latest

Latest