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SOCAR produces over 1.7 mln tons of oil in January-March

Oil&Gas Materials 15 April 2011 12:36 (UTC +04:00)

Azerbaijan, Baku, April 15 / Trend /
In January-March SOCAR's oil and gas producing departments extracted about 13.03 million barrels of oil (about 1.78 million tons) in offshore and onshore fields of the country compared to about 13.35 million barrels (1.82 million tons) in January- March 2010, SOCAR said.
In 2010, oil and gas producing departments of SOCAR extracted about 53.36 million barrels (7.28 million tons) in offshore and onshore fields of the country compared to about 53.52 barrels (7.3 million tons) in 2009.
About 3.2 million barrels fell to joint projects of SOCAR with foreign companies. About 578,340 barrels fell to operating companies. About 2.4 million barrels fell to "Azeri-Chirag-Guneshli" and 211,100 barrels fell to gas condensate from Shah Deniz field.
In January-March SOCAR received 1.78 billion cubic meters, compared to about 1.94 billion cubic meters during the same period of last year. SOCAR's oil and gas departments extracted 1.67 billion cubic meters of gas. Joint ventures and operating companies which produce natural gas onshore delivered 55.1 million cubic meters of gas to SOCAR during this period.
SOCAR received about 7.6 billion cubic meters, compared to about 7.33 billion cubic meters during last year.
Azerbaijan International Operating Company (AIOC) extracted 971.8 million cubic meters of associated gas in the field "Azeri-Chirag-Guneshli" in January-March for SOCAR compared to 804 million cubic meters during the same period of last year.
There are 59 oil and gas fields, of which 18 offshore, the rest onshore in Azerbaijan.

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