SOCAR Publicizes Volume of Oil and Gas Production in Azerbaijan in First7 Months of 2007
Azerbaijan, Baku / Trend / In January to July 2007, the State Oil Company of Azerbaijan Republic (SOCAR), Operating Companies (OC) and Joint Ventures (JV) produced 5,135,830 tons of oil from onshore and offshore fields of the country, which is by 67,670 tons (1.4%) less than in 2006.
During this period the oil and gas production units (OGPU) of SOCAR produced a total of 4,446mln tons of oil, or 68,670 tons (1.5%) less as compared to 2006. In his period foreign companies within the joint ventures (JV) and operating companies (OC) produced 689,220 tons oil, which is by 1,000 tons (0.1%) more than was produced in 2006.
According to SOCAR, in January to July 2007, the total gas production in Azerbaijan comprised 5,646,590cu m or 1,762,880cu m (45.5%) more as compared to 2006.
The oil and gas production units of SOCAR produced 3,190,610 cu m of gas, or 935.85mln cu m (41.5%) more as compared to 2006. JV and OC produced 85.88mln cu m of gas in this period, or 15.08mln cu m (21.3%) more than in 2006.
During this period the Azerbaijan International operating Company (AIOC) produced 1,661,910 cu m of casing-head gas from the Azeri-Chirag-Gunashli field, or 8.3% 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)||July||January to July|
|OGPUs of SOCAR||646,75||4446,61||4515,28||-68,67|
|JV and OC||100,85||689,22||688,22||1,00|
|Gas(in mln cu m)|
|OGPUs of SOCAR||510,33||3190,61||2254,76||935,85|
|JV and OC||14,07||85,88||70,80||15,08|
|AIOC (for SOCAR)||243,05||1661,91||1520,65||141,26|