The Azerbaijani state company SOCAR is drilling a new oil well at the offshore field 'Chilov'. It is expected that this will allow oil production to be increased by two thousand tons of oil per year.
The project depth of well №115 will reach 1.5 thousand meters, its daily debit will amount to five tons of oil.
SOCAR is implementing a program for stabilizing and increasing oil production, Trend reminds.
