SOCAR to increase oil and gas output

SOCAR to increase oil and gas output

Azerbaijan’s state oil company SOCAR will produce additional 5500 tons of oil and 657,000 cubic meters of gas annually as a well was commissioned after overhaul in Sangachal Deniz-Duvanni Deniz-Khara-Zira offshore field.

The daily debit is 15 tons of oil and 1,800 cubic meters of gas, which are extracted within the range of 4,686-4,669 meters, SOCAR said in a message.

SOCAR produced 4.34 million tons of oil from offshore and onshore fields in January-July 2017 as compared to 4.42 million tons in the same period of 2016.

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