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In 1st quarter SOCAR extracts about 1bn cu m of gas

Oil&Gas Materials 7 April 2006 17:17

In the first quarter of 2006 oil and gas production units (OGPU) of the SOCAR produced 947,710,000 cu m or 0.7% less as compared 2005, the Company told Trend. The largest amount of gas was produced by 28 May OGPU, developing the Guneshli field. Over January to March the figure made up 601,827,000 tons of oil, or 4% more as compared 2005.

The least oil and gas production was observed on the Muradkhanly field. In January the figure comprised 150,000 cu m of gas.

The largest production lag was registered at the Balakhanineft OGPU, which produced 2,379,000 cu m of gasl, or 61.8% less as compared 2005. The efforts of SOCAR were focused on keeping of the existing production amount.

Table on oil production in January 2006 is as follows:

SOCAR OGPU

1st quarter 2006

% by 1st quarter 2005

28 May

601827

104,0

Neft Dashlari

12870

100,0

Narimanov

120770

97,2

Balakhanineft

2379

38,2

Gum Adasi

84518

99,9

Absheronneft

9770

97,0

Bibiheybat

5485

101,4

Binagadineft

3512

82,7

Surakhanineft

10586

137,5

Amirov

89285

89,3

Bulla Deniz

2380

100,0

Tagiyev

4178

92,4

Siyazanneft

150

100,0

Muradkhanli

947710

100,7

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