Bank Of Baku

SOCAR launches high-yielding well at Oil Rocks

SOCAR launches high-yielding well at Oil Rocks
# 29 July 2009 13:19 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. State Oil Company of Azerbaijan (SOCAR) has brought online a new well at Oil Rocks.

The well on Platform 1 887 produces 67 tons of oil per day from 2 443 meters deep. This platform is for 36 wells which will produce 1 000 tons of oil per day.

According to the 2009 plan, 6 production wells will be brought online and drilling of 21 wells will be started this year.
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THE OPERATION IS BEING PERFORMED