SOCAR cuts drilling by over 5%

The State Oil Company of Azerbaijan (SOCAR) carried out 18,830 meters of drilling work in Q2 2023, according to SOCAR's information on drilling, production, processing and export indicators for April-June 2023.

According to Report, this is 1,044 meters or 5.25% less than in the same period last year.

In the second quarter of 2022, SOCAR carried out 19,874 meters of drilling work.