SOCAR drills new well at Oil Rocks field
By Laman Ismayilova
Azerbaijan’s state oil company SOCAR will additionally produce about 7,300 tons of oil and 730,000 cubic meters of gas through commissioning of the new well at the country’s oldest Oil Rocks field.
The company reported that the projected well depth is 2,800 meters. The daily debit is expected to reach 20 tons of oil and 2,000 cubic meters of gas.
The Oil Rocks field is located to the southeast of Absheron Archipelago. Oil prospecting with geological survey, structure drilling, seismic prospecting and preliminary drilling at the field started in 1945.
SOCAR produced 1.22 million tons of oil at Azerbaijan’s offshore and onshore fields in January-February 2017, as compared to 1.25 million tons in the same period of 2016.
SOCAR produced 7.52 million tons of oil from Azerbaijan’s onshore and offshore fields in 2016, as compared to 8.16 million tons in 2015.
In total, 41.03 million tons of oil was produced in Azerbaijan in 2016, as compared to 41.58 million tons in 2015, according to SOCAR.
SOCAR includes such production associations as Azneft (the enterprises producing oil and gas onshore and offshore), Azerkimya (the chemical enterprises) and Azerigas (distributor of gas produced in the country), as well as oil and gas processing plants, service companies, and the facilities involved in geophysical and drilling operations.
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