SOCAR significantly increases volume of drilling works in 2013
Baku, Azerbaijan, Jan.9
By Emil Ismayilov - Trend:
The State Oil Company of Azerbaijan (SOCAR) carried out some 142,656 meters of drilling operations (excluding joint ventures and operating companies) in 2013, compared to 136,441 meters in 2012, a message published by SOCAR on Jan.9 said.
Some 135,665 meters of all drilling works carried out in 2013, fell to development drilling and 6,991 meters fell to exploration drilling, the message said.
SOCAR includes the production association "Azerneft" (companies producing oil and gas on land and sea), "Azerkimya" (chemical industry enterprises), and "Azerigaz" (gas distribution).
Jointly with foreign partners, SOCAR participates in major projects such as the development of "Azeri-Chirag-Guneshli" (block of oil and gas fields) and "Shah Deniz" gas condensate field in the Caspian Sea.