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SOCAR commissions new well in Caspian Sea

14 February 2013 11:28 (UTC+04:00)
SOCAR commissions new well in Caspian Sea

The State Oil Company of Azerbaijan Republic (SOCAR) has put a new oil and gas well into operation in the shallow part of the Guneshli field in the Azerbaijani sector of the Caspian Sea.

The company reported that the well was put into operation from the "Gunashli-11" platform. Drilling of the well was carried out on request of the 28 May Oil and Gas Production Department.

Daily, the well produces 90 tons of oil and 13,000 cubic meters of gas. The deepwater part of Guneshli field is developed by SOCAR jointly with foreign companies in Azeri-Chirag-Guneshli block of oil and gas fields.

SOCAR includes the Azerneft production association (companies producing oil and gas on land and sea), the Azerkimya Production Association (chemical industry) and Azerigas production association (gas distribution).

Also, there is a number of processing and service enterprises and institutions engaged in geophysical and drilling operations within the State Oil Company.

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