SOCAR Increased The Volume Of Drilling Work By 1.2% In 2023
The volume of drilling by the drilling departments of SOCAR (State Oil Company of Azerbaijan) in 2023 amounted to 73.987 thousand meters. “In 2023, the company’s drilling volumes amounted to 73.987 thousand meters. Compared to 2022, the company increased the volume of drilling work by 1.2% last year,” the company …
The Cost of Gas Production at SOCAR Fields in 2022 Increased By 10%
The cost of gas production at the fields of SOCAR (State Oil Company of Azerbaijan) in 2022, compared to 2021, increased by 10.35% – to 67.57 manats ($39.74 at the current exchange rate) per 1 thousand cubic meters. Such data are provided in the company’s annual report for 2022, published …