SOCAR fulfills drilling plan for 2017
Baku, Azerbaijan, Jan. 18
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR drilled 115,200 meters in 2017 and fulfilled the set plan by 100 percent, a source in SOCAR told Trend Jan. 18.
“The volume of drilling stood at 115,200 meters as compared to the planned 115,180 meters,” said the source. “Also, 71 wells were drilled and put into operation.”
The company drilled 105,250 meters in 2016 as compared to 104,410 meters in 2015.
SOCAR includes such production associations as Azneft (the enterprises producing oil and gas onshore and offshore), Azerikimya (the chemical enterprises) and Azerigas (the distributor of gas produced in the country) as well as oil and gas processing plants, service companies, and the facilities involved in geophysical and drilling operations.
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