Axar.az
UP
25 June 2019


SOCAR commissions new well in Caspian Sea

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Azerbaijan's state oil company SOCAR will additionally produce more than 12.77 million cubic meters of gas and 36,500 tons of oil per year as it has put into operation a new well in the Caspian Sea, said SOCAR in a message June 10.

The well was put into operation at the Gunashli offshore field in the Azerbaijani sector of the Caspian Sea after being overhauled.

The Gunashli field plays an important role in Azerbaijan's oil and gas industry. The field's shallow part is developed by SOCAR on its own, while its deep-water part is developed jointly with foreign partners.

Currently, SOCAR is implementing a program for stabilizing and increasing the oil production.

The company produced 2.52 million tons of oil at offshore and onshore fields in January-April 2016 as compared to 2.76 million tons in January-April 2015.

Date
2016.06.10 / 17:21
Author
Axar.az
Comments
See also

Azerbaijani currency rates for June 26

Azerbaijani oil price goes down

Azerbaijani currency rates

Weekly review of Azerbaijani currency market

Azerbaijani oil prices up

Azerbaijani oil price goes up

Azerbaijani currency rates for today

Azerbaijani currency rates

Azerbaijani oil price goes down

EU should either buy oil from Iran or create financial channel

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla