Bank Of Baku

10 wells will be brought online at Bibiheybat Field

10 wells will be brought online at Bibiheybat Field
# 22 August 2008 16:12 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. State Oil Company of Azerbaijn (SOCAR) brought online 14 wells in Bibiheybat Field during January-June.
There are 785 wells in the field, 630 of which are out of operation. In total 70 228 tons of oil was produced against the planned 66 950 tons during the seven months.
The daily oil production rate is 291 tons.
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THE OPERATION IS BEING PERFORMED