OGPU named after H.Z.Taghiyev fulfilled oil production forecast 102.3% last year

As APA reports refering to the press-service of SOCAR, OGPU implemented the annual gas production forecast 106% and extracted 9.2 million cubic meters of gas.

OGPU handed over 61.559 tons of oil against 59.9 thousand tons in the reporting year and the forecast was fulfilled 102.8%. As to annual handing over of gas, while the forecast was 4.3 million cubic meters, factually the Unit handed over 4.557 million cubic meters of gas.

Besides, the Unit carried out 150 geological measures against 100 geologic measures and extracted additional 15.2 thousand tons of oil and 791 technical measures against 600 technical measures and produced additional 7.6 thousand tons of oil over the year.

At the same time, 170 wells were repaired and 11.146 thousand tons of oil was extracted from these wells in the reporting year. 25 wells from the inactive well stock were put into exploitation and approximately 3 thousand tons of oil was extracted by means of these wells.