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Azerbaijani Operating Companies Increased Onshore Oil Production to 518,000t

Oil&Gas Materials 13 June 2008 16:59 (UTC +04:00)

Azerbaijan, Baku, 13 June / Trend / From January to May 2008, joint ventures and operating companies, involved in the development of onshore fields in Azerbaijan, produced more than 518,000 tons. This index totaled 106,000 tons and was less by 2.6% compared to the same period in 2007.

The largest volume of oil production was by the operating company Karasu, which is developing the contract area Mishovdag-Kalameddin at 103,000 tons oil.

Summary table of oil production of JV and OC 2008 (tons):

JOINT VENTURES May 2008 January-May 2008
Salyan Oil 23071 114219,0
Shirvan Oil 16630 84696,0
Karasu 27131 130132,0
Azgerneft 6045 27988,0
Anshad Petrol 3782 18491,0
Gobustan 53,667 1075,919
Az.Seng-Li 450 2390,084
Binagadi 10217,857 48209,293
Qaracuxur 1501,201 6233,895
Kura Valley 442 2114,0
Suraxani Oil Operation 11625 56268,0
Apsheron Operating LTD 4759 26141,461
In total 105707,725 517958,568
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