Bank Of Baku

SOCAR to bring online 8 new wells on Pirallahi Field

SOCAR to bring online 8 new wells on Pirallahi Field
# 28 September 2009 15:01 (UTC +04:00)
Baku. Rashad Suleymanov - APA-ECONOMICS. SOCAR plans to bring online 8 new wells on Pirallahi Field.

The company said the drilling of a well into 2050 meters is under way at present.

25 new wells have been brought online over the past two years and the wells produce in total 90 tons of oil daily.

The development of Pirallahi Field was started in 1902. Since then, 27 million tons of oil has been extracted from the field.
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