Bank Of Baku

SOCAR drills new wells on Oil Rocks and Zeyva

SOCAR drills new wells on Oil Rocks and Zeyva
# 02 October 2009 16:22 (UTC +04:00)
Baku. Rashad Suleymanov - APA-ECONOMICS. SOCAR has announced that it is drilling a well on Oil Rocks.

The 830 meters deep offshore well is estimated to produce 7 to 10 tons of oil a day, said the Company.

The well is slated for commissioning this month.

Besides, a 2000 meters deep well on Zeyva Field will come online in December. The well is expected to produce about 10 tons of oil a day.
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