SOCAR commissions well in Caspian Sea

By  Trend

Azerbaijan’s state oil company SOCAR will additionally produce 36,500 tons of oil and 8.76 million cubic meters of gas per year as it has commissioned a well in the Caspian Sea, SOCAR said in a message.

The well was put into operation after a major overhaul at the Gunashli offshore field in the Azerbaijani sector of the Caspian Sea.

Oil with a flow rate of 100 tons per day and gas with a yield of 24,000 cubic meters per day are extracted within the range of 2,909-2,840 meters, according to the message.

The Gunashli field plays an important role in Azerbaijan's oil and gas industry. The field's shallow part is developed by SOCAR on its own, while its deep-water part is developed jointly with foreign partners.