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SOCAR drilling operations up

Oil&Gas Materials 6 June 2017 15:57 (UTC +04:00)
Azerbaijan’s state oil company SOCAR drilled 63,340 meters in January-May 2017, compared to 42,490 meters drilled in the same period of 2016.

Baku, Azerbaijan, June 6

By Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR drilled 63,340 meters in January-May 2017, compared to 42,490 meters drilled in the same period of 2016, says a message published on SOCAR website June 6.

Some 57,900 meters accounted for production drilling, while the rest part accounted for exploration drilling in January-May 2017.

SOCAR has commissioned 30 new wells since early 2017.

In 2016, SOCAR drilled 105,250 meters against 104,410 meters drilled in 2015.

SOCAR includes production associations Azneft (enterprises producing oil and gas onshore and offshore), Azerikimya (chemical enterprises) and Azerigas (distributor of gas), as well as oil and gas processing plants, service companies and the facilities involved in geophysical and drilling operations.

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