Two more oilfields start transfers to SOFAZ

Two more oilfields start transfers to SOFAZ Azerbaijan's actual onshore Mishovdagh and Kalameddin fields amounted to 0.62 million barrels against the forecast of 0.63 million barrels, Report informs, citing the opinion of the Chamber of Accounts on the implementation of the budget of the State Oil
Energy
June 10, 2021 11:40
Two more oilfields start transfers to SOFAZ

The production in Azerbaijan's actual onshore Mishovdagh and Kelameddin oilfields made up 0.62 million barrels against the forecast of 0.63 million barrels, Report informs, citing the opinion of the Chamber of Accounts.

The production forecast for these fields was fulfilled by 97.76%, while the revenues from these fields amounted to $ 0.44 million.

Notably, the Mishovdagh field is located 80 km southwest of Baku. It has been included in development since 1956, and 754 wells have been drilled in the area.

The Kelameddin field is located northwest of Hajigabul station, in the central part of the Kelameddin range. The area was discovered in 1978 and put into operation in 1980. A total of 151 wells have been drilled in this field.

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