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Gas volume from ACG for SOCAR increased by 200 mln cubic meters

Oil&Gas Materials 17 June 2011 17:22 (UTC +04:00)
In January-May, SOCAR's oil and gas producing departments extracted over 21.9 million barrels of oil (about 2.98 million tons) in offshore and onshore fields of the country compared to over 22.3 million barrels (over 3 million tons) in January-May 2010, SOCAR said.

Azerbaijan, Baku, June 17 / Trend /

In January-May, SOCAR's oil and gas producing departments extracted over 21.9 million barrels of oil (about 2.98 million tons) in offshore and onshore fields of the country compared to over 22.3 million barrels (over 3 million tons) in January-May 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 5 million barrels fell to joint projects of SOCAR with foreign companies. Over 983,000 barrels fell to operating companies. Over 3.7 million barrels fell to "Azeri-Chirag-Guneshli" and 387,000 barrels fell to gas condensate from Shah Deniz field.

In January-May SOCAR received over 3 billion cubic meters, compared to about 3.24 billion cubic meters during the same period of last year. SOCAR's oil and gas departments extracted over 2.8 billion cubic meters of gas. Joint ventures and operating companies which produce natural gas onshore delivered 89.8 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 over 1.6 billion cubic meters of associated gas in the field "Azeri-Chirag-Guneshli" in January-May for SOCAR compared to 1.4 billion cubic meters during the same period of last year.
There are more than 55 oil and gas fields in Azerbaijan, 18 of which are offshore, the rest onshore.

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