SOCAR increases drilling operations

SOCAR increases drilling operations Since beginning of this year, 52 new wells handed over to miners
Energy
November 2, 2016 12:16
SOCAR increases drilling operations

Baku. 2 November. REPORT.AZ/ In October this year, the State Oil Company of Azerbaijan Republic (SOCAR) (except joint ventures and operating companies) made drilling operations length of 7 074 meters.

Report informs citing the SOCAR, 6 469 meters of these works refer to operation, 605 meters to prospecting.

Drilling operations carried out by the company, were less by 23% than in October 2015.

In general, in January-October 2016, SOCAR made drilling operations length 93 657 meters, which 90 987 meter refer to operation, 2 670 meter to prospecting.

In 10 months this year, drilling increased by 1.4% compared to the same period last year.

In addition, 6 drilled wells in October, as well as 52 new wells from the beginning of the year built and handed over to the miners.  

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