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In 2005 SOCAR produced about 9m tons oil

Oil&Gas Materials 6 January 2006 12:49 (UTC +04:00)

In 2005 the State Oil Company of Azerbaijan (SOCAR) produced 8,967m tons oil from the onshore and offshore fields of the country, or 9,000 tons less as compared 2004, the Company told Trend. In 2005 the oil and gas production units (OGPU) of SOCAR produced totally 7,973m tons oil, or 45,600 tons (0.6%) less as compared 2004.

In 2005 foreign companies within the joint ventures (JV) and operating companies (OC) producing carbohydrates from onshore fields with participation of SOCAR produced 994,100 tons oil, or 36,600 tons (3.8%) more as compared 2004.

According to SOCAR, during 2005 the total gas production in Azerbaijan comprised 5,818bn cu m, or 812,1m cu m (16.2%) more as compared 2004. The oil and gas production units of SOCAR produced 3,824bn tons gas, or 51.7m cu m more as compared 2004. In 2005 JV and OC produced 106.6m cu m gas, or 17.4m cu m less than 2004. In 2005 the Azerbaijani International operating Company (AIOC) produced 1,887bn cu m associated gas, or 881.2m cu m more as compared 2004.

Table on oil and gas production in 2005 is as follows:

Oil

(ths. tons)

Dec 2005

Jan-Dec 2005

Jan-Dec 2004

Fact

Plan

Fact

%

Fact

%

Total

756,5

8750

8967,4

102,5

8976,4

99,9

OGPU

666,8

7914,4

7973,3

100,7

8018,9

99,4

JV&PSA

89,7

835,6

994,1

119

957,5

103,8

Gas

(in mln. cu m )

Total

577,2

5190

5818,3

112,1

5006,2

116,2

SOCAR

340,2

3900

3930,6

100,8

3999,7

98,3

OGPU

329,7

3804,9

3824

100,5

3875,7

98,7

JV&PSA

10,5

95,1

106,6

112,1

124

86

AIOC

237

1290

1887,7

146,3

1006,5

187,6

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