Last quarter SOCAR extracted oil by 2.8% and gas by 11.4% more versus Q3 of 2018


October 18, Fineko/abc.az. Over the 3rd quarter of this year SOCAR produced 1.956 million tons of oil and 1.8 million cu m of gas that makes growth of 2.8% and 11.4% respectively versus the 2018 same term.

SOCAR’s report for Q3 says that with the purpose to maintain the level of production at Company’s oil and gas fields, SOCAR consistently implemented the plan of all-round measures and restore operation of some old wells. SOCAR’s drilling operations reached 37,310 m for the 3rd quarter of 2019.