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Foreign Companies Decrease Oil Production by 1.6% on Onshore Fields of Azerbaijan

Oil&Gas Materials 14 May 2007 20:01 (UTC +04:00)

Azerbaijan, Baku / corr. Trend S.Aliyev / In April, Joint Venture and operating companies working in the onshore fields of Azerbaijan have produced more than 97,000 tons of oil, an increase of 1.6% compared to the same period of last year, a source in State Oil Company of Azerbaijan (SOCAR) said.

The largest volume of oil production fell at the operating company Salyan Oil which is developing the contractual site "Kursang-Garabagli" - 104,940 tons.

The least oil production is obtained by the operating company Kura Valley - 143 tons.

Below is the summary table of gas production by relevant enterprises and operating companies in January-April 2007 (ths tons):

Joint Ventures and Operating Companies April 2007 January-April 2007
Salyan Oil 26,370 104,940
Shirvan Oil 18,120 72,750
Karasu Operating Company 20,964 90,164
Azgerneft 10,134 38,115
Anshad Petrol 5,790 22,980
Gobustan Operating Company 3,874 15,325
Az.Seng-Li 0,231 0,929
Binagadi Operating Company 0,630 2,490
Garachuhur Operating Company 0,800 2,929
Operating Company 0,35 0,143
Suraxani Oil Operation 10,050 38,669
Total: 96,998 389,435
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