Azerbaijan’s state oil company SOCAR will additionally produce 3,650 tons of oil annually through commissioning a new well in the Caspian Sea.
SOCAR reported that the well is being drilled on the Oil Rocks offshore field in the Azerbaijani sector of the Caspian Sea. The projected well depth is 1,570 meters. The daily debit is expected to reach 10 tons of oil.
So far, some 182.86 million tons of oil and 14.09 billion cubic meters of gas were produced from 2,211 wells at the Oil Rocks field, located to the southeast of Absheron Archipelago.