Azerbaijan’s SOCAR drilling new well

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

The Integrated Drilling Trust of Azerbaijan's State Oil Company (SOCAR) has started to drill a new well at the Bulla Deniz offshore field, read a message posted on SOCAR's website.

The well #78 is being drilled from the platform #6 at the Bulla Deniz field in the Caspian Sea, according to the message.

The well's depth is to be 5,900 meters.

The operation of the Bulla Deniz field started in 1975. Over 61 billion cubic meters of gas and 12 million tons of oil and gas condensate have been produced at the field since then.

SOCAR is the sole producer of oil products in Azerbaijan. It has two oil refineries and filling stations in Azerbaijan, Georgia, Ukraine, Romania and Switzerland.

SOCAR is the co-owner of the largest Turkish petrochemical complex, Petkim, and other assets in Turkey.

Moreover, currently, the company is carrying out work as part of ensuring the supply of Azerbaijani gas to Europe.

2016.05.27 / 11:33
See also

Azerbaijan currency rates

Oil prices have increased

The price of gas in Europe reached a record high

Oil increase again

Azerbaijan currency rates

Azerbaijani oil price increases

Oil decrese again

The ruble strengthened sharply against the dollar

Azerbaijan currency rates

German inflation slows down to 7.6 pct in June

Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla