Russian Oil Companies are Looking for Partners in Azerbaijan
Among them are Tatneft and oilfield services companies from Tatarstan. The Baku Energy Week (June 4-6) is taking place in the capital of Azerbaijan. Leading representatives of the oil and gas industry and energy from around the world are participating in it. Large Russian companies have also become active participants …
Towing of the Saturn Drilling Rig from Turkmenistan to Azerbaijan Has Been Completed
The Saturn oil drilling rig was delivered from Turkmenistan to Baku (Azerbaijan) accompanied by support vessels belonging to Azerbaijan Caspian Shipping Company CJSC (ASCO). The three-day operation involved the vessels “Andoga”, “Neftegaz 64” and “Mardakan” of the ASCO Caspian Sea Oil Fleet in the port of Turkmenbashi. CJSC Azerbaijan Caspian …
Absheron Production 1Q 2024 Results – 400 Million Cubic Meters of Gas
From the Absheron field in the first quarter. 400 million cubic meters were produced. m. of gas – Ministry of Energy of Azerbaijan The operating company JOCAP (Joint Operating Company of Absheron Petroleum B.V.) produced 400 million cubic meters of gas from the Absheron gas condensate field in the Caspian …
In January-November, Azerbaijan Reduced Oil and Condensate Production By 7.4%, and Increased Gas Production By 4.1%.
Oil production with gas condensate in Azerbaijan in January-November 2023 amounted to 27 million 695.4 thousand tons, which is 7.4% lower than the same period in 2022, the State Statistics Committee told the Interfax-Azerbaijan agency. Including, the production of commercial oil with condensate amounted to 27 million 597.8 thousand tons …
In January-October, Azerbaijan Reduced Oil and Condensate Production by 8%, Gas Production – Increased by 3.4%
Oil production with gas condensate in Azerbaijan in January-October 2023 amounted to 25 million 68.2 thousand tons, which is 8% lower than the same period in 2022, the State Statistics Committee told the Interfax-Azerbaijan agency. Including, the production of commercial oil with condensate amounted to 24 million 974.4 thousand tons …
Oil Production at ACG in 2023 was Carried Out from 136 Wells
Oil production from the Azeri-Chirag-Gunashli (ACG) block in January-September 2023 was carried out from 136 production wells, the press service of the bp company (operator for the development of the Azeri-Chirag-Gunashli, ACG) block of fields told Interfax-Azerbaijan. ). “In January-September 2023, six oil production, five water injection and one gas …
Oil Production in Azerbaijan in 2023 will Amount to 30.5 Million Tons
Oil production with condensate in Azerbaijan in 2023 compared to 2022 will decrease by 6.7% – to 30.5 million tons. This assessment is indicated in the conclusion of the Accounting Chamber on the draft state budget for 2024, which is available to the Interfax-Azerbaijan agency. In 2024, as the Chamber …
Commercial Gas Production in Azerbaijan Will Reach Peak in 2025 – Jabbarov
Commercial gas production in Azerbaijan will reach a peak of 36 billion cubic meters in 2025, Economy Minister Mikail Jabbarov said. “As for commercial gas, its production in 2025 will reach its peak and amount to 36 billion cubic meters,” Jabbarov said on Thursday when the parliamentary committee on economic …
In January-September 2023, SOCAR Slightly Reduced Oil Production and Increased Gas Production by 9%
The SOCAR (State Oil Company of Azerbaijan) company produced 5 million 819.062 thousand tons of oil in January-September 2023, the company’s press service told Interfax-Azerbaijan. According to SOCAR, in January-September 2022, the company produced 5 million 824.441 thousand tons of oil. Thus, the decline in oil production in January-September 2023 …
SOCAR-AQS Completed Drilling of a New Well in the Shallow Waters of Gunashli
The drilling company SOCAR AQS drilled a sidetrack well from platform No. 8 at the Gunashli field. “The depth of the well was 2985 meters. The well was successfully drilled to the Fasilya productive formation and transferred to the Azneft production association of SOCAR,” SOCAR AQS said in a statement. …