SOCAR Publicizes Volume of Oil and Gas Production in Azerbaijan in First Half Year
Azerbaijan, Baku / Trend / In January to June 2007, the State Oil Company of Azerbaijan (SOCAR), Operating Companies (OC) and Joint Ventures (JV) produced 4388,230mln tons of oil from onshore and offshore fields of the Country, which is by 62,230 tons (1.4%) less than was produced in 2006.
During this period the oil and gas production units (OGPU) of SOCAR produced a total of 3,774 mln tons of oil, or 65,030 tons (1.7) less as compared to 2006.
In his period foreign companies within the joint ventures (JV) and operating companies (OC) produced 590,000 tons oil, which is by 2,800 tons (15%) more than was produced in 2006.
According to SOCAR, in January to June 2007, the total gas production in Azerbaijan comprised of 4685,30mln cu.m. or 1324,23mln cu.m. (39.1%) more as compared to 2006.
The oil and gas production units of SOCAR produced 2680,28mln cu.m. of gas, or 771,43mln cu.m. (40.4%) more as compared to 2006. JV and OC produced 71,81mln cu.m. of gas in this period, or 9,98mln cu.m. (16.1%) more than in 2006.
During this period the Azerbaijan International operating Company (AIOC) produced, from the Azeri-Chirag-Gunashli field, 1418,86mln cu.m. of associated gas, or 1.6% more as compared to 2006.
There are 57 oil and gas fields in Azerbaijan, including 18 offshore. SOCAR staff consists of 59,170 employees.
Oil and gas production in January to June 2007:
|Oil (ths. tons)||June||January-June|
|OGPUs of SOCAR||629,63||3799,86||3864,89||98,3|
|JV and OC||97,92||588,37||585,57||100,5|
|Gas(in mln cu m)|
|OGPUs of SOCAR||473,45||2680,28||1908,85||140,4|
|JV and OC||14,22||71,81||61,83||116,1|
|AIOC (for SOCAR)||206,36||1418,86||1396,46||101,6|