SOCAR commissions new well in Caspian Sea

Azerbaijan’s state oil company SOCAR will produce additional 3650 tons of oil per year as a result of commissioning of a new well at Oil Rocks offshore field, the message on SOCAR’s website says.

Eleven tons of oil is extracted daily from the depth of 1543-1540 meters, according to the message.

SOCAR has produced 3.71 million tons of oil from Azerbaijan’s offshore and onshore fields in January-June 2017, as compared to 3.78 million tons in the same period of 2016.