SOCAR to Drill 120 Wells Until End of Year

Oil&Gas Materials 5 September 2008 12:24 (UTC +04:00)

Azerbaijan, Baku, 5 September / Trend / The 'Complex boring' trust owned by the State Oil Company of Azerbaijan (SOCAR) plans to drill 120 wells until the end of the year.

The trust is to drill 180,000metres against the planned 156,877 metres.

In Janury-August, the trust put into operation 97 wells. Totally boring was 125,226 metres against the planned 110,498 metres.

'Complex boring' trust, owned by SOCAR was established on 7 March 2007.