SOCAR-AQS slightly overfulfills drilling projection in 2011
The SOCAR-AQS company conducted drilling operations to the volume of 24,533 metres in 2011, which is one per cent more than those projected, the company's website reported on Monday.
Industrial Association Azneft, part of the State Oil Company of Azerbaijan (SOCAR) is the main customer of SOCAR-AQS operations.
"Drilling operations were conducted in full compliance with safety rules, without causing any harm to the environment," the report says.
Last year, SOCAR-AQS drilled eight wells and handed them over to the customer in the shallow part of the Guneshli field developed by SOCAR.
SOCAR-AQS was founded in 2007. The company's founders are: SOCAR - 51 per cent, and Absheron Qazma - 49 per cent.
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