SOCAR commissioned well in shallow water "Guneshli"

Economic Department
Author

Baku. September 24. REPORT.AZ/ State Oil Company of Azerbaijan (SOCAR) after carrying out geological events has commissioned well in the shallow part of the offshore field "Guneshli". 

Report informs, referring to the SOCAR, well #245 was previously drilled in offshore platform #13. Its debit comprises 6 tons of condensate and 120 thousand cubic meters of gas per day after carrying out geological events. 

Development of the shallow part of "Guneshli" conducted since 1980. Field provides up to 65% of all SOCAR’s oil.

Other News

Yerevan, Baku agreed on LNG supplies to Armenia through Azerbaijan 27 January, 2026 / 19:39
Azerbaijan more than doubles oil exports to Bulgaria 27 January, 2026 / 16:26
Azerbaijan sends another batch of humanitarian aid to Ukraine 27 January, 2026 / 15:20
Dollar share in SOFAZ's investment portfolio exceeds 70% 27 January, 2026 / 13:17
Azerenerji mulls implementation of AZURE project with WB 27 January, 2026 / 13:04
SOFAZ's revenues from development of ACG in 2025 amounted to approximately 8.3B manats 27 January, 2026 / 11:41
Azerbaijan halves gas imports in 11 months of 2025 27 January, 2026 / 10:43
Azeri Light crude drops to $67.86 per barrel 27 January, 2026 / 10:25
Azerbaijan exported about 6,500 tons of AI-92 gasoline in January-November 27 January, 2026 / 10:19
Azerbaijan, World Bank discuss prospects of energy cooperation 27 January, 2026 / 09:53
Oil prices fall on prospects of increased supplies 27 January, 2026 / 09:49
SOCAR, WB mull implementation of green energy corridors 27 January, 2026 / 08:40
UK's crude oil imports from Azerbaijan nearly halve 26 January, 2026 / 15:46
Qatar Fund for Development ready to jointly finance energy projects in Turkic region with TIF 26 January, 2026 / 15:38
Azerbaijan's crude oil exports to Greece nearly doubled in 2025 26 January, 2026 / 15:20
SOCAR sets new drilling record 26 January, 2026 / 12:34
Global oil prices rise 26 January, 2026 / 10:02
PM: Contract with TotalEnergies, ConocoPhillips to allow Libya to attract $20B in investment 24 January, 2026 / 17:35
Massive drilling rig topples on Alaskas North slope 24 January, 2026 / 15:40
Azeri Light oil price exceeds $68 per barrel 24 January, 2026 / 11:32