Azerbaijan, Baku, Sept. 28 / Trend /
SOCAR (State Oil Company of Azerbaijan) plans to put eight new wells into exploration on one of the oldest Azerbaijani oil fields, Pirallahi, in 2009, SOCAR said on Sept.28.
The company also plans to drill one exploration well to a depth of 2,050 meters in 2009.
Over two years there 25 new wells have been drilled on the field. The company drills new wells to maintain the production of this old field.
Pirallahi has been under operation since 1902. During this period, about 27 million tons of oil was produced from the field. Recoverable oil reserves are estimated at 2 million tons.
The field is on the balance of the Absheronnef oil and gas management, which enters SOCAR
Azerbaijan has 57 oil and gas fields, including 18 offshore wells. SOCAR has more than 62,000 employees.