SOCAR drills new oil well in Caspian Sea
Azerbaijan’s state energy giant SOCAR is drilling a new well in
the Oil Rocks field in the Azerbaijani sector of the Caspian
Sea.
The daily debit of the well No2594, drilled from the platform
No2585 is 30 metric tons of oil and its design depth is 2,330
meters, the company reported.
SOCAR is currently implementing a program to stabilize and increase
the oil production volumes. For this purpose, SOCAR drills both
onshore and offshore fields in Azerbaijan.
SOCAR produced 3.46 million metric tons of oil in offshore and
onshore fields of the country in January-May 2015, which is 1.14
percent less than in the same period of last year (3.5 million
metric tons).
SOCAR produced more than 8.32 million metric tons in 2014 compared
to 8.31 million metric tons produced in 2013.
Over 42.4 million metric tons were produced in Azerbaijan in 2014
compared to 43.5 million metric tons produced in 2013.
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