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 |