SOCAR increases drilling works by 16.6%

Gunel Abbasova
Author

Baku. 29 January. REPORT.AZ/ The State Oil Company of Azerbaijan (SOCAR) (excluding joint ventures and operating companies) drilled a total of 160,000 meters in 2018, Report informs citing the company.

This constituted a 16.6%-growth from the previous year. 

Other News

SOCAR's natural gas output falls 12.8% in third quarter 02 November, 2026 / 15:31
SOCAR increases drilling by 74.3% in third quarter 02 November, 2026 / 15:25
SOCAR's oil production surpassed 1.7M tons in Q3 02 November, 2026 / 14:58
SOCAR's crude oil exports reached nearly 4M tons in Q3 02 November, 2026 / 14:48
Gas consumption falls by nearly 7% in Azerbaijan 02 November, 2026 / 14:27
SOCAR increases petroleum product exports by 2.8% in Q3 02 November, 2026 / 14:12
SOCAR cuts oil refining by more than 3% in Q3 02 November, 2026 / 14:04
SOCAR processes over 631MCM of gas in Q3 2026 02 November, 2026 / 13:58
SOCAR's drilling operations rise by over 74% in Q3 2026 02 November, 2026 / 13:19
Nearly 1 billion barrels drained from global oil inventories, ADNOC CEO says 02 November, 2026 / 12:23
Pakistan's largest oil refineries increase profits by over 1,860% 02 November, 2026 / 10:42
World Bank postpones approval of project to reduce gas leaks in Azerbaijan 02 November, 2026 / 10:13
Sustainable energy supply vital for startup ecosystem formation, official says 31 October, 2026 / 17:26
Azeri Light oil price exceeds $126 31 October, 2026 / 09:32
UAE says oil leak from Gem No. 2 tanker has been stopped 30 October, 2026 / 22:47
Brent crude rises to $118 per barrel – Updated 30 October, 2026 / 19:43
Novak: Attacks on oil refineries will not affect fuel market 30 October, 2026 / 18:44
Eni announces start of gas production at Maha field offshore Indonesia 30 October, 2026 / 18:24
SOCAR commissions 100th filling station in Romania 30 October, 2026 / 15:30
European exchange gas prices rise 3% 30 October, 2026 / 11:20