SOCAR commissions new well in Caspian Sea
Baku, Azerbaijan, Jan. 6
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR will additionally produce more than 5,470 tons of oil and 2.74 million cubic meters of gas as it has put into operation a well at the Oil Rocks field, SOCAR said in a message Jan. 6.
The well has been commissioned after complete overhaul and oil is extracted within the range of 1,365-1,360 meters, according to the message.
SOCAR produced 6.94 million tons of oil from the country’s offshore and onshore fields in January-November 2016, as compared to 7.58 million tons in the same period of 2015.
In 2015, SOCAR produced 8.16 million tons of oil at those fields, as compared to 8.32 million tons in 2014. Along with SOCAR, foreign companies also extract oil in Azerbaijan. In total, 41.59 million tons of oil was produced in Azerbaijan in 2015, as compared to 42.02 million tons in 2014.
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