ECONOMY
Rovnag Abdullayev: SOCAR has increased amount of its drilling operations by 66 percent over the past two years
Baku, February 8, AZERTAC
“SOCAR has increased amount of its drilling operations by 66 percent over the past two years,” said SOCAR President Rovnag Abdullayev in his exclusive interview with AZERTAC.
“Despite the fact that our drillers and producers have been working in the most geologically complex fields of the Caspian Sea, they have managed to drill four wells under the pressure of 1000 atmosphere at a depth of over 6000 meters in the Bulla Deniz and Umid fields since 2015. The depth of the new well drilled in the Umid field has already been reached 6,810 meters, and the drilling process in the well will soon be completed,” Abdullayev mentioned.
“The development of all these new fields and promising structures that I have mentioned will allow to significantly increase the production of natural gas and stabilize oil production in Azerbaijan in the coming years and decades,” he added.
FEEDBACK
Other news in this section
- 29.08.2023 [10:41]
Oil prices fall in world markets
- 29.08.2023 [10:34]
Azerbaijani oil price sells for $88.56
- 28.08.2023 [16:41]
Shah Deniz celebrates 200 billion cubic metres of total gas production
- 28.08.2023 [10:49]
Oil prices rise in world markets
- 26.08.2023 [10:53]
Azerbaijani oil price exceeds $88
- 26.08.2023 [10:36]
Oil prices rise in world markets
- 25.08.2023 [11:00]
Azerbaijani oil price drops in world markets
- 25.08.2023 [10:21]
Oil prices rise in world markets
- 24.08.2023 [10:57]
Oil prices fall in world markets
Türkiye releases official results for local elections
- 06.05.2024 [23:46]
Inoue knocks out Nery to defend unified super bantamweight title
- 06.05.2024 [23:13]
Turkish fighter jet KAAN successfully conducts 2nd test flight
- 06.05.2024 [23:03]
Azerbaijan, OSCE discuss bilateral cooperation
- 06.05.2024 [21:25]
Baku-hosted COP29 could contribute to global peace
- 06.05.2024 [20:52]
Turkish National Defense University delegation visits Azerbaijan
- 06.05.2024 [20:39]
Azerbaijan, Iraq explore prospects for bilateral relations
- 06.05.2024 [20:23]
Slovak Prime Minister arrives in Azerbaijan for official visit
- 06.05.2024 [19:36]
Senior Azerbaijani taekwondo fighters to vie for European medals in Belgrade
- 06.05.2024 [19:23]
People in Türkiye celebrate spring festival
- 06.05.2024 [18:44]
Baku elected as World Capital of Sport 2026 VIDEO
- 06.05.2024 [18:32]
Chinese and Korean shooters shine in Baku
- 06.05.2024 [18:24]
AZAL's extensive summer flight program to around 60 destinations
- 06.05.2024 [18:22]
Azerbaijan highlights tourism opportunities at ATM Dubai 2024 exhibition
- 06.05.2024 [18:02]
“Jabbar Hashimov” tanker commissioned after overhaul
- 06.05.2024 [18:01]
Nepal court orders limit on Everest climbing permits
- 06.05.2024 [18:00]
Democratic leader Jeffries: "Pro-Putin faction" in GOP delayed Ukraine aid
- 06.05.2024 [17:19]
“Model OIC IR Academy 2024” starts
- 06.05.2024 [17:15]
Azerbaijan, Bangladesh discuss cooperation
- 06.05.2024 [16:57]
Heatstroke kills 15 people in 14 days in Bangladesh
- 06.05.2024 [16:46]
Azerbaijani swimmers shine with nine medals in Russia
- 06.05.2024 [16:45]
Azerbaijan presents its cuisine in Turkmenistan
- 06.05.2024 [16:44]
Death toll rises to 78 in Brazil as heavy rains continue
- 06.05.2024 [16:07]
Liverpool beat Tottenham Hotspur 4-2 at Anfield
- 06.05.2024 [16:06]
Ministry of Defense: Reservists' training session continues
- 06.05.2024 [16:00]
EURAS President conducts master class at BHOS
- 06.05.2024 [15:02]
Tesla suing Indian company for using its name
- 06.05.2024 [15:00]
Schools closed in India's Manipur amid heavy rains
- 06.05.2024 [14:57]
Azerbaijani sambo wrestlers to compete at European Championships in Serbia
- 06.05.2024 [14:47]
Azerbaijani FM meets with his Pakistani counterpart in Gambia
- 06.05.2024 [14:25]
President Ilham Aliyev received Governor of Astrakhan Region of Russia VIDEO
- 06.05.2024 [14:05]