SOCAR commissions well at Caspian field

  11 November 2016    Read: 1139
SOCAR commissions well at Caspian field
Azerbaijan’s state oil company SOCAR will additionally extract more than 3,280 tons of oil annually as it has commissioned a well at the Sangachal Deniz-Duvanni Deniz-Khara-Zire offshore field after overhaul, SOCAR said in a message November 10.
Oil is extracted from a borehole at a depth of 4,434-4,382 meters, reads the message.

SOCAR produced 5.68 million tons of oil at Azerbaijani onshore and offshore fields in January-September 2016, as compared to 6.21 million tons in the same period of 2015.

SOCAR produced 8.16 million tons of oil at those fields in 2015 as compared to 8.32 million tons in 2014.

In total, 41.59 million tons of oil was produced in Azerbaijan in 2015 compared to 42.02 million tons in 2014.

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