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SOCAR Increases Drilling this Year

Oil&Gas Materials 8 August 2007 19:16 (UTC +04:00)

Azerbaijan, Baku / Trend / The State Oil Company of Azerbaijan Republic (SOCAR) drilled 123,344m from January to July 2007, exceeding the forecast by 9,734m and exceeding the area drilled in 2006 by 43,219m. In July, 19,895m were drilled in the fields.

Operational drilling came to 119,122m between January and July, exceeding the forecast by 7,562m and exceeding the area drilled in 2006 by 40,127m. In July, operational drilling comprised 19,873m.

Exploration drilling amounted to 4,222m from January to July, exceeding the forecast by 2,172m and exceeding the area drilled in 2006 by 3,092m. In July, exploration drilling accounted for 22m.

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