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SOCAR ups oil production

Oil&Gas Materials 30 July 2010 17:56 (UTC +04:00)
In January-June SOCAR's oil and gas production departments extracted over 26.7 million barrels of oil (3.64 million tons) at the offshore and onshore fields of the country compared to about 26.6 barrels (about 3.6 million tons) in January -June 2009, SOCAR said.

Azerbaijan, Baku, July 30 / Trend /

In January-June SOCAR's oil and gas production departments extracted over 26.7 million barrels of oil (3.64 million tons) at the offshore and onshore fields of the country compared to about 26.6 barrels (about 3.6 million tons) in January -June 2009, SOCAR said.

About 6.5 million barrels fall to the share of SOCAR's joint projects with foreign companies.

About 1.1 million barrels fall to operating companies. About 4.83 million barrels fall to "Azeri-Chirag-Guneshli" project. About 583,600 barrels fall to gas condensate from the "Shah Deniz" field.

In the first half-year SOCAR received about 3.87 billion cubic meters compared to about 4 billion cubic meters during the same period of the last year.

SOCAR's oil and gas production departments extracted about 3.6 billion cubic meters of gas. Joint ventures and operating companies producing gas onshore delivered 35.2 million cubic meters of gas to SOCAR in January-June.

Azerbaijan International Operating Company (AIOC) mined about 1.7 billion cubic meters of associated gas in "Azeri-Chirag-Guneshli" in January-April for SOCAR compared to about 2 billion cubic meters during the same period of the last year.

There are 59 oil and gas fields in Azerbaijan, of which 18 are - offshore, others - onshore.

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